Intelligent Safe
A secure end-to-end notes management and collection service to suit any customer needs
Our Intelligent Safe service offers a simple, secure end-to-end cash management solution that makes it easy for your business to deposit notes on site.
For further information, please speak to your local Bank contact.
Product fees and charges apply.
Is Intelligent Safe right for you?
- Want a secure way to deposit notes?
- Want same day value for deposits?*
- Want an end-to-end notes management solution?
Due to the way in which we enable credit to the customer’s account we are unable to offer the Intelligent Safe cash solution to Non Personal customers who meet the Protected Customer criteria as defined below:
A Protected Customer is either a “Micro-enterprise” which at the time this agreement is entered into is a business or group of businesses of which it forms part, and which employs fewer than 10 persons and whose annual turnover and/or balance sheet total does not exceed €2 million (or sterling equivalent); or a charity with an annual income less than £1million.
*Cash accepted by the Device by 3.30pm on a Business Day will be processed and credited to your Account for interest purposes on the same Business Day and will be available for you to use on the next Business Day.
How it works
- Our Intelligent Safe service is an on-site automated system allowing customers to deposit business takings (notes only) securely throughout the day.
- Funds deposited before 3.30pm will be added to your NatWest account same day (except weekends and Bank holidays).
- The secure note counting device instantly validates and detects forgeries, provides data for every transaction which is captured and stored via an online portal to aid reconciliation.
- This means you can verify note balances on site, review transactions and monitor trends.
- Our Intelligent Safe will automatically trigger a collection when the device reaches an agreed threshold to ensure the device never reaches full capacity.
For further information, please speak to your local Bank contact.
Product fees and charges apply.
Things to Consider
- To make sure this service is cost effective for you, the average small business would typically be depositing between £5k-£15k in a branch or post office at the moment each week.
- The device will have a maximum notes holding threshold of £15,000 and will need to be emptied every 7 days as a minimum.
- Must meet G4S security and installation requirements.