Automated currency exchange points: experience of IPAK YULI bank

Customer

Bank Ipak Yuli, established in 1990, is one of the largest non-state banks in Uzbekistan. This credit institution pays special attention to the development of small and medium-sized businesses in the country. Also “Ipak Yuli” actively monitors innovations in the banking sector and tries to implement the latest technological solutions, expanding the range of services and improving the quality of service to its customers

Implemented solution

The multi-vendor software solution FCX.iQ was deployed on ATMs with the cash recycling system of Ipak Yuli Bank, which made it possible to implement the currency exchange function on self-service devices.

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Reducing the amount of money supply in the bank's сash ecosystem.

Automatic detection of discrepancies between the calculated and actual balance.

Reducing collection costs (especially for unplanned outings).

Optimal workload distribution.

Reducing the downtime of self-service devices due to lack of cash.

Automation of document flow related to cash activities of the bank.

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