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Cash handler, Loomis enters into agreement with Swedbank

Wednesday, 04 July 2012
Loomis Sweden has entered into a frame agreement with Swedbank, in Cash Handling.
The agreement covers both Cash Management Services and Cash In Transit for the bank and the bank’s customers. The agreement is effective immediately, according to a press release.

The trend towards cashless bank accounts has progressed at a high tempo, resulting in a specialization in Cash Handling Services. Loomis’ nationwide infrastructure will now provide Swedbank’s customers with access to cash management services, transport logistics for cash and a country-wide network of service boxes, writes the release.

“Swedbank is an important operator within the banking sector and we are very pleased that they have chosen to give their customers the opportunity to conclude direct agreements with Loomis, as they themselves have chosen to reduce cash handling at some of their own bank branches”, states Patrik Högberg, Country President at Loomis Sverige AB, in the press release.

Under the terms of the agreement, Swedbank’ customers will be entitled to discounted offers for services such as supplies of desk change and collections of daily checkouts, among other things. The agreement also provides Swedbank’s private customers with the opportunity to pay in deposits of notes and coins via Loomis’ service boxes.
By Scancomark.se Team / Based on a press release



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