The National Bank of Ukraine issued a license to Cash and Security LLC to provide cash collection services to banks.
Thus, at present, nine CIT (cash-in-transit) companies have already obtained licenses to provide cash collection services to banks.
Previously, similar licenses were granted to CIT Security LLC, Ukrainain Service Collection LLC, First Cash-in-Transit Company LLC, O-Mega LLC, Ahenstvo Kompleksnoi Bezbeky – Okhoronna Firma LLC, Panorama Prykarpattia LLC, Diamant Security LLC, and Comservice–Bezpeka PC.
Granting access to the cash-in-transit services market for CIT companies is an integral part of the new policy on cash circulation.
For your information, under the delegated cash handling model the NBU delegates some of its functions to other market participants, as well as CIT companies.