FAQs

• Who are PCS?

Premium Cash Solutions provide cash management solutions for businesses handling reasonable volumes of cash on a daily basis. The solution includes the provision of next day bank value on cash together with associated hardware, software and cash in transit services

• Will the PCS solution really save me money?

Absolutely! Our solution typically reduces the cost of cash handling by at least 50% (which includes our fees!)

• How does the PCS solution offer my staff greater security?

The smart safe offers staff greater security and protection as the cash in transit services can only access the smart safe. This means your staff have no access to the cash once its lodged to the smart safe and are less vulnerable to theft or robberies

• Do I have to buy my own smart safe?

No, PCS supply you with the latest in smart safe technology

• Are there any upfront costs?

No, PCS provide you with the full end to end solution which includes all hardware, software, insurance, cash collection and next day value of cash to your bank account

• What will the PCS solution cost me?

Our smart safe solution cost is as low as 0.36% of note value but varies depending on your cash volumes

• How does PCS get paid?

The PCS fee is collected out of the last next day value transfer of each month to make account reconciliation simple and straightforward

• Is there any risk for me not getting my cash?

No, 100% of your prior day cash lodgement to the smart safe will be wired directly to your bank account even before the cash has left your premises. The cash within the smart safe is fully insured at all times under a PCS insurance policy

• Will I be able to save money on my insurance?

Probably, as PCS are now insuring the cash within the smart safe there is no need for you to insure cash on your premises – but this will be a discussion between you and your insurance company!

• Can I use my own CIT?

Yes, provided they meet our due diligence requirements in terms of service, custody/trusteeship and insurance

• Can my staff get their floats from the smart safe each day?

Yes, depending on the smart safe you choose, cashiers starting their shift can get a pre defined float dispensed to them in just a few key strokes

• Can my staff get change from the smart safe throughout the day?

Yes, making change is a huge part of any business’s day-to-day activities. As and when cashiers need change throughout the day they can go back to the smart safe and withdraw speedily and easily

• All of this sounds great but how do I keep track of everything?

The PCS solution provides you with web based real-time reporting of your cash position for a more efficient accounting and cash reconciliation. Every smart safe transaction is logged and tracked providing a full audit trail, which can determine if staffs are over, or short at the end of their shift, based on their cash register sales.

[themify_button link=”/#moreinfo” color=”#333″ text=”#fff”]GO BACK[/themify_button]