Cash-in-transit (CIT) or cash/valuables-in-transit (CVIT) is the physical transfer of banknotes, coins, credit cards and items of value from one location to another.
The locations include cash centers and bank branches, ATM points, large retailers and other premises holding large amounts of cash.
Magnum Security’s collection service considerably reduces the risks associated with the transportation of cash and other valuables to and from your premises.
We offer tailored collection services, meeting the specific requirements of our clients, these proven and customisable cash in transit solutions eliminate the need for our clients to go to their bank, stand in line and wait for the teller to count their money.
We utilise a host of technology to make sure your cash collections are secure, and transparent. We use mobile data terminals, and computer aided dispatch to plan and optimise routes, as well as plan for alternate routes. All of our vehicles AND guards are GPS tracked, so you know where your cash is at all times. All dockets are also electronically lodged, eliminating the risk of lost dockets.
Benefits of our service include:
We have a fleet of twenty cash in transit vehicles installed with tracking devices. Magnum also has a secure strong room for overnight cash storage. We provide CIT services in Lusaka, Kitwe, Ndola, Solwezi and Chipata.