KCB has rolled out ATM recyclers at select banking halls across the country, to enhance customer experience and improve the turnaround time at the banking halls.
With the constant rise and improvement in technology, different industries have upgraded their services with the adoption of new technologies that are tailored towards offering their customers improved services in a timely and reliable manner.
A cash recycler is a machine that accepts and dispenses cash through secure means. It keeps an accurate accounting of cash on hand and automates the cash cycle.
In a cash recycler, bank notes are placed into a feeder and passed through a bill identifier to determine the denomination and validity of the bank notes. This cash is then stored in separate cassettes or modules for dispensing in future transactions.
“The recyclers have been placed at our select branches across the country, which efforts are rendered towards giving our customers the best banking experience as they transact both at our branches and via our digital banking platform,” said Diana Komukama, head of marketing and communications at KCB.