Increasingly, many banks are motivated to outsource their cash vaults to Loomis. One reason is to expand geographically through a Loomis Virtual Vault relationship. However that is not the only rationale. According to a recent study by Celent Consulting, most banks will need to make a choice over the next couple of years to:

• Invest significantly to upgrade aging vault infrastructure, or
• Outsource selected vaults with a cash logistics supplier such as Loomis

Check 21 legislation and the overall declining volume of check usage are one driver of this emerging trend. Another is the fact that combining armored transport and cash vault activities, including check processing offers the opportunity for greater efficiency.

Loomis offers a full range of cash and check processing services. We can provide a seamless solution transparent to your customers. Reporting through our SENERGY IT system is prompt and dependable. See the related sections of this site for more information.

Let us help you optimize your cash vault network with a comprehensive, cost-effective solution.