One of the main benefits of installing a Deposita with Stanbic Bank is that we offer same day electronic settlement of the deposited funds into our customers’ bank account. The Deposita cash accepting terminal counts, verifies, validates and secure banknotes on business premises. Moreover, the Deposita and POS devices are linked through the Business Current account and can be managed via Business Online, thus providing seamless, efficient means of managing and monitoring cash within a business. The solution eliminates the need for lengthy manual cash up processes, improves operational efficiency and reduces operational costs. All transactions are done in real time so business can manage their trail at any time of day.
“At Stanbic Bank, we strive to provide our clients with products and services that improve their banking experience and make their lives that much easier. Deposita is a tailor-made, innovative product for our business clients aimed at championing safe and secure cash management. In this uncertain financial climate, it is imperative that every Pula is saved and accounted for. After all, who needs the inconvenience of unbalanced cash ups, theft, costly insurance or lengthy reconciliation processes? Many businesses struggle with cash management or lack thereof and this can hinder their growth and success,” commented Chiko Manokore, Head of Commercial Banking at Stanbic Bank Botswana.
