National Bank of Ukraine has issued licenses to Diamond Security LLC and Panorama Prykarpattia LLC for provision of cash collection services to banks.

Thus, at present already seven CIT (cash-in-transit) companies were issued licenses to provide cash collection services to banks.

Previously, similar licenses were granted to CIT SECURITY LLC, UKRAINSKYI SERVIS INKASATSII LLC, PERSHA INKASATORSKA KOMPANIIA LLC, O-MEHA LLC and SECURITY FIRM AHENSTVO KOMPLEKSNOI BEZBEKY LLC.

Please be reminded that authorizing CIT companies to render cash collection services is an integral part of the new policy on cash circulation.

Under the delegation model of cash handling, the NBU outsources part of its functions to other market participants, as well as CIT companies.