Slide 1

deuceincurableΑσφάλεια

13 Ιουν 2012 (πριν από 5 χρόνια και 2 μήνες)

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WHY CVIT IS CRUCIAL TO THE

SUCCESS OF UK plc


Stuart Bartlett

Commercial Director

Loomis UK Ltd


Imagine:“A world without cash”


No money in circulation


No money at the ATM


No money in the banks


No money in the till


No money in your pocket


Importance to the economy


Not everyone has debit cards, 10 million adults
rely on cash for the purchase of food and other
necessities



There are many fewer debit card transactions
(4.5bn pa) than cash transactions (23.1 bn pa)



Total Cash spending is an average of £280 bn pa,
with around £42bn banknotes in circulation,
without CViT, no money would be circulated in the
UK



Myths about the CViT Industry



Myth
-

CViT services are very expensive


Reality


You probably pay more to have
your rubbish removed!

Myths about the CViT Industry


Myth


CIT companies do not spend much
money on security


Reality


Millions are invested each year in
Security, vehicles cost between £70K
-

£130K
each, extensive spend on premises and
equipment.


Myths about the CViT Industry



Myth


CViT losses are fully insured


Reality


Most CViT companies have large
insurance excesses so most losses are paid for by
the companies



Myth
-

CIT pay rates are very low and staff work
over 60 hours each week


Reality


Pay rates have increased by over 30% in
recent years and staff work no more than 48 hours
per week



CViT Training

CViT Induction

SIA License

CViT Refresher

ATM Induction

ATM Refresher

Driver CPC

HGV




H&S
Supervisory Mgt

H&S Management

Recruitment/Interviewing

Disciplinary Procedures

Leadership

Financial Awareness

Transport Mgt

Crew

Supervisor

Manager

How co
-
operative……………?

Police work well with CViT, especially in high risk areas or with
regard specific threats but they have limited resource.
Merseyside


Operation Guardian, GMP


Operation Liaison,
Met

Operation Vanguard


How co
-
operative……………?

Customer / ATM Providers / Planning Authority


Often when siting ATM’s no consideration is
taken regarding the safety to the CViT Staff
when servicing the machine and this impacts on
customers and the general public.


Parking enforcement


Huge problem particularly in London, cost to
CViT Industry in 2008 circa £1.5M

We don’t just deliver Cash
-

Services

We offer
-


Cash & Valuables in Transit


Safepoint


Coin Services


Cash Processing


Special Services


International


ATM Maintenance and Replenishments


Technical Services


Partners


What else do we do?


Raise standards within the industry (SIA /
BSIA),


Reduce crime through police co
-
operation
and vigilance of crews,


Work with Payments Council (previously
APACS) on Flu Pandemic Planning and
other National risks,


Development of Industry ATM Standards,


Work with Customers to reduce their risks.