Whether you need to move currency, process transactions, or leverage currency availability, trust Beryllium to make every part of the process easier and safer. We operate as your extended enterprise, managing the security and material services for banks and financial institutions.
Currency Management Services
We make managing currency easier & safer.
Back-Office Processing for Banks
We are a service provider to banks and other Financial Institutions’ (“FI’s”) extended enterprise, providing material services such as Deposit Processing, Cash in Transit, Air Courier, Vault Storage, ATM Replenishment, Drop Box Services and Culling.
Cash in Transit
This is our core service as an armoured courier provider, and we have had 56 years of experience. We have 94 trucks that support island-wide cash movement. Our armoured trucks are manned by a minimum of three (3) armed guards to convey shipments. Packages are collected from client locations for delivery to Beryllium’s Processing Centres for verification and account crediting. We pioneered CIT service in Jamaica, and we have the training, structure, and systems to ensure that your cash shipments are secure, transported promptly and are properly insured.
We provide end-to-end deposit processing service. Electronic Files are provided to financial institutions for client account updating. Treasuries are kept individually, and balances are provided daily, at which point instructions are issued for disbursement.
We provide secure transportation of currency and valuables to and from the United States, United Kingdom, and other Caribbean countries.
We are the largest provider of Offsite ATM Management Services in Jamaica and presently manage 720 ATMs for all Financial Institutions. ATMs are monitored electronically, which allows for real-time status of all machines being monitored island-wide, ensuring faults are cleared, and currency added according to SLA agreements.
Customers can receive immediate credit to their account(s) once the bags are cleared from Dropbox or at Cash in Transit pick up locations. Customers will register their bags on our Quick Credit App and their bank accounts are credited within 30 minutes of the collection by our crews.
As a full-service currency management organization, we can leverage currency availability across financial institutions and clients. Our Cash Management portal will provide opportunities to access cash from other institutions on a real time-basis, reducing the dependency on only the Bank of Jamaica to satisfy cash requirements.
Drop Box Service
Our Drop Box Services are designed to expedite the collection of bags that are dropped in the banks’ night deposit chutes for verification of currency and same-day crediting to customers’ accounts. Lockbox services are designed to expedite the collection of paper-based payments and provide timely payment information.
Processing of banknotes in keeping with the fitness standards established by the Bank of Jamaica.
Get in touch with Beryllium.
Are you ready to outsource your high-risk finance and technology services with confidence?