omniture

DongA Bank to Build Largest Cash Recycler Network in Vietnam with GRG H68N Series

2013-09-11 13:40 1287

GUANGZHOU, China, Sept. 11, 2013 /PRNewswire/ -- DongA Joint Stock Commercial Bank has signed a contract with GRGBanking on purchasing cash recycling machine H68N Series. The Bank said it's "the biggest ever cash recycling ATM order in Vietnam" and is expected to deploy the largest cash recycler network within the country by 2014.

Mr. Tran Phuong Binh, CEO of DongA Bank and Mr. Mark Yip, Managing Director of GRGBanking signed the contract in GRG's headquarters. The Bank delegation also saw the latest Video Teller Machine and other financial self-service equipment in the GRG showroom.

As one of the most innovative banks in Vietnam, DongA Bank is about to apply GRG's SeNT (serial number tracking) technology to the cash recyclers. SeNT is an open platform for banknote tracking, which means the serial number of each processed note can be tracked together with the customer's ID. It provides effective proof for any dispute or criminal activity.

Mr. Tran Phuong Binh commented, "DongA Bank is always looking for the latest ATM technology for applying to the Vietnamese market. Cash recycling is one of our ATM strategies in 2013 and the coming years."

The H68N series are cutting-edge cash recyclers, which shift heavy counter transactions and frequent cash replenishment to self-service and self-replenishment zones. With high capacity, Serial Number Tracking technology, biometric authentication and coin dispensing features, they are capable of supporting big volume transactions, delivering advanced and reliable service to customers, and extending banking channel and value-added service for different scenarios.

Source: GRGBanking
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