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Cash Processing (CP)


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CASH PROCESSING

BW has a Service Agreement with the Central Bank of Nigeria (CBN) to receive, process, sort, vault and pay out cash to Deposit Money Banks (DMB’s), on behalf of the CBN.

Our Cash Processing facility is equipped with state of the art Counting and Sorting Machines, Packaging equipment, and Vaults; all secured and monitored round the clock by a combination of physical and electronic security.

BW also provides full insurance cover for all valuables within our secured vault area. In line with the Nigerian Cash Holding Scheme, we are able to use our Cash Centers and secure Vaults to provide positive benefits to our clients, including:

  • Streamlined cash handling and management services.
  • Easy access to CBN cash held to Order with BW.
  • Faster processing of CBN deposits through BW facilities.
  • Efficient cash supply and evacuation from Bank Branches.
  • Reduced cost of cash handling and holding.
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Our Cash Processing facility is equipped with state of the art Counting and Sorting Machines, Packaging equipment, and Vaults; all secured and monitored round the clock by a combination of physical and electronic security.

 

 

Our Vision is to be the dominant cash movement & processing company in Nigeria