Cash Forecasting
– Trend based on history information
– Adjustment based on
- » Denominations
- » Banknotes supplied in packages
- » Number of cassettes
– Considering other factors
- » Maximum number of notes in a cassette
- » Higher future cash need (before holidays; sale in shopping center)
- » Date of salary payment, seasonality
– Considering limitations
- » Minimum number of notes in cassette
- » Physical limitations of the cassettes
- » Maximum value in the ATM (insurance)
- » Cash availability
Arrangements in place with reputed cash-in-transit agencies that have the following capabilities:
- CIT agencies are equipped with vault, security guards and other necessary infrastructure
- Cash in ATM, Vault & Transit are Insured
- Large geographical reach and large support resources across the country
- Reconciliation and settlement report for replenished and idle cash
- Cash Replenishment to be undertaken based on cash forecasting services without cash outage and optimum idle cash