Home »Supplements » 25 Years Of Sos Pakistan » New Initiative Currency Management Services
First initiative as a pioneer in private sector.

-- To provide clean and genuine currency notes in Pakistan.

-- Inducting latest counting and processing banknote machines.

-- Currency Management Services started from Multan and Quetta.

-- Commencing from Islamabad and major cities shortly.

-- Cash sorting services to banks through state-of-the-art machines.

-- Cash processing centers following the best international practices.

-- Cash-in-transit services to banks and other financial institutions.

-- Equipped with the latest cash sorting machines, world class vault facility.

-- Online surveillance system.

-- Job is accomplished compliant to the State Bank of Pakistan's guidelines.

-- Growing requirements of the banks and financial institution to switch over to machine sorted banks notes for its customers and ATM's.

-- SOS Pakistan has extended its services in cash processing solutions.

-- Developed a state of the art automated currency Centre with highly secure latest cash processing plants.

-- Offers one window solution by providing 24-hour services to its clients who wish to utilize our vault/safe house.

-- At SOS Cash Processing Centers, banknotes are sorted out into soiled and reissue categories with suspected notes reported separately.

-- All operations in CPCs are fully recorded through high definition CCTV cameras as per instructions of the SBP.

-- Auditable trail available for settlement of short/ excess of notes in packets.

-- Comprehensive insurance cover is provided to all assets: vehicles and vaults.

-- Antecedents of CPC employees checked by law enforcing agencies.

-- All precautionary steps to run CPC operations securely adopted.

"Sorting on Wheels" in the offing

-- Pioneer in providing cash sorting services from non-bank private sector

-- SOS armored trucks are vaults on the wheels.

-- The fleet comprises a large number of cash in transit armored trucks.

-- Monitored diligently round the clock from the Control Room.

-- GPS, wireless radio system and ST tracking system used.

-- Employing three simultaneous systems is exclusive feature of SOS in private sector.

-- 'Sorting on Wheels', an innovative facility in the offing.

-- Banks to get their unsorted balance sorted out at the branch level.

-- This intervention would entail considerable cost saving to banks.

-- Good quality banknotes readily available to the clients of the bank branches.

Copyright Business Recorder, 2019


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