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USBank and Dunbar Armored combine to provide retailers with advanced credit on cash

USBank's Remote Cash Deposit Service will now be able to issue Advanced Credit®'s for cash deposited into the electronic Dunbar Cash Manager Safes® - see below. Each business day, the safe's two-way digital wireless communication system in the safe sends details of the notes deposited to USBank.

Dunbar Cash Manager Safe

Source: Dunbar Armored

USBank will be able to credit their retailers as soon as the cash is deposited in the safe. The funds will be credited to the retailer's bank account at USBank before the cash is received at the bank, typically 1-2 days earlier than before.

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This item appears in the following sections:
Payments - Receipts at POS
Cash Payments at POS