By 12/09/2017 Read More →

CASH HANDLING: Suzohapp readies for new £10 note

Cash-handling specialist Suzohapp, says all its banknote readers and recyclers, including its Scan Coin and CashComplete solutions are ready to accept the new £10 when it come into circulation this week.

The new British £10, which launches on 14th September, is the latest in banknote technology. Made of polymer, it is cleaner, safer and stronger than paper notes. It joins the Churchill £5 in the first family of polymer Bank of England banknotes.  A new £20 note featuring J.M.W Turner will follow in 2020.

The new note is 15 per cent smaller than the current £10 and has a number of special security features, such as a see-through window, foils that change colour when the note is tilted and a built-in ultra-violet feature. It features the Queen on the front and Jane Austen on the reverse.  This year marks the 200th anniversary of Austen’s death.

The firm’s Bill-to-Bill note recyclers and MFL bill validators are ready to accept the new banknote through a simple software update. The Comestero solutions are also prepared to accept the new £10.

“The updating procedures are quick and simple,” stated UK sales director, John Vallis. “Many customers replaced or upgraded their note acceptors for the new £5 banknote last year, so their equipment will be easily upgradable to the new £10 by using a programming kit. Any customers needing to upgrade their equipment to accept the new £5 or £10 banknotes should contact the UK sales team for advice and support.”

All new Scan Coin and CashComplete products purchased since last July have already been programmed with the new £10. For any Scan Coin and CashComplete solutions received before this date (apart from the SC-1500 and SC-1600), Suzohapp offers field engineer support to update them.

Operators who may have the old £5 programmed on Scan Coin note counters/sorters will benefit from the new £10 update to delete the old £5 banknote, as well.

“We work very closely with central banks and this ensures that all our cash-handling products are ready for new notes and coins. We have strong R&D and Technical Support teams to guarantee that all our customers can access our technology,” added Steve Fitton, sales director at Scan Coin UK.

“Our aim is to make the switch to the new £10 as smooth as possible for our customers, ensuring that their note handling equipment is ready to accept the new banknote.”

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