Thursday, February 17, 2011

Banks say ATM's won't easily run out of cash

By Khanyisa Tabata
17 February 2011

Banks have assured South Africans that contingency plans have been put in place to ensure an adequate supply of cash at Automatic Teller Machines.

This follows speculation that ATMs around the country will start running out of cash because of the ongoing road freight industry strike.

Spark ATM Systems managing director, Marc Sternberg, says in-store ATMs are least at risk of running out of cash because of a cash “recycling” concept...

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