National Société Générale Bank (NSGB) Egypt is rolling out NCR's Personas cash machines running software from Dublin-based CR2 in order to enable its customers to make cash deposits at ATMs.
NSGB will install NCR's Personas 73 ATMs - which provide around-the-clock automated cash depositing facilities, including bunch-note acceptance - and Personas 86 units which are regular cash machines but with added automated cash deposit and dual dispensing capabilities.
The new system will replace an envelope-based service and allow customers to pre-select the account they want credited. The system will credit any cash deposited to accounts immediately and will issue a receipt.
Costas Koudounias, self service marketing manager for NCR MEA, says there has been a significant increase in uptake in the Middle East region for deposit-taking ATMs by financial institutions.
"We launched the intelligent deposit technology three years ago starting out from the Middle East and by now, more than a dozen countries in the region have certified and deployed our products."
Additionally, NSGB Egypt is upgrading to CR2's BankWorld Client and BankWorld Distributor browser-based ATM applications. The bank was previously running the vendor's Sparrow and Hawk ATM software.
CR2 says the move will allow NSGB to provide a consistent service across banking channels.