ATM Balancing and Verification
Can you balance the daily ATM transactions to the penny?
Do you know exactly what the cash balance is in the ATM at any given cut-off time?
Can you identify every single transaction in the daily exceptions and rejects files?
Are the exceptions and rejects cleared on a timely fashion?
If any of the answer to the above questions is "No", you can contact us for a free consultation.
The reason is simple: As we are relying more and more on electronic transactions, it is crucial to have a good handle on all ATM transactions. A small-unknown exception amount may seem immaterial today. However, there is no telling that it would not turn into a sizable loss tomorrow.