Thursday 09 Sep, 2010
Payments General
US Bank unveils two products Friday 26 February 2010 | 11:35 AM CET

Financial services provider US Bank has released a cash vault service dubbed Advanced Cash Credit and Notification.

The service encompasses Remote Cash Deposit and the DTS Tracking System. Both of these services are set to enable companies streamline their cash handling needs and provide information regarding their deposits.

Remote Cash Deposit permits customers to electronically deposit cash, consolidate depository banking relationships and increase security.

With the DTS Tracking System, businesses can monitor deposits from the time of preparation at the store location until they are processed and credited at the bank. As a result, retailers can manage their deposit process from a central location.

U.S. Bank Cash Vault Services offers cash processing at 45 locations across 23 states. The vault network can accommodate cash deposit and purchase needs for business customers, correspondent banks and government entities.
 

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