Management Information Sheet

G4S Cash Collection

MI Sheet TypeInformation
To Be Completed By: 15/06/2017
MI Number:92/17
Publication Date:16/06/2017 12:00:00
LA Contact:James Stanford (01603 222550)
Audience:Local Authorities
Links:G4S – Cash Collection.pdf

G4S Cash Collection

Barclays have negotiated a contract with G4S as a 'Pay as You Go' service, which Norfolk County Council is recommending to schools. Please read this document for more information on the service whether this is appropriate for your school. G4S is a service that provides you with an alternative way of depositing your cash in a flexible and secure manner that is convenient and cost effective.

In order to apply for the service please complete this form.

By using this service:

  1. You can book either a morning or an afternoon collection slot.
  2. G4S will come and collect the cash directly from the school and delivery it to Barclays Cash Centre, saving you the time of having to visit the branch.
  3. Contents are opened under CCTV for processing, which gives you extra comfort and security.
  4. Cash collected will appear as deposited in your chosen account the following day.

Key Features:

  1. This is a self-service web portal available on desktop via web page.
  2. Easy to book or cancel.
  3. Morning (AM) and afternoon (PM) booking slots.
  4. Minimum of 3 booking slots every week.
  5. Deposits credited next working day into nominated bank account.

Pricing:

  • £0 to 2.5k notes - £15.00
  • 2.5k to 5k notes - £7.50
  • 5k to 20k notes - FREE
  • Up to£G20 in coin
  • Cheques cannot be accepted
  • You will pay the same "over the counter" money transmission rate.

Terms and conditions:

  • No fixed term or fixed value contract required.
  • Sign-up to one set of simple T&Cs.
  • Pay as you go.
  • Charged monthly/quarterly via bank charges.