Cash-In Transit Operations (CIT)
Cash In Transit Operations (CIT)
With a fleet of over 200 fully armored vehicles, tested for ballistic (level B6) resistance and approved by The Nigeria Police Force. Our trucks are designed to suit Nigerian roads and topography, while taking into account varying degrees and levels of characteristics that make operating in Nigeria unique.
We provide cash movement/distribution solutions for Banks, the Central Bank and Retail Customers. We also have a C-I-T presence in 29 states of the federation.
For over a decade, we have developed and implemented a highly evolved system of Cash Movement, providing secure and efficient collection, transportation and delivery of cash to over 400 Client-locations and bank Branches daily, Nationwide.
- Specially Trained Professional drivers and C.I.T Custodians .
- Secure Movement of Cash
- Extensive Package(s) tracking procedure using a combination of both physical and electronic surveillance and tracking systems.
- Security back-up to each of our armored vehicles.
- Air Custodian Service.
- AirPort Supervision of import and export services
C.I.T Services Include:
Dedicated C.I.T. Service
This service involves leasing a truck on a wet-lease arrangement, usually monthly.
This service is recommended for regions with high cash movement frequency, where BW is yet to build a cash center.
C.I.T Shared Service
This service involves leasing a truck on a wet-lease arrangement, usually daily, as needed.
This means multiple customers can utilize the same truck within the month, paying only for the days the truck is used.
This service is recommended to clients in regions with Low cash movement frequency.
This service is recommended for regions with high cash movement frequency, where BW is yet to build a cash center.
Pick-up and Drop-off C.I.T Services
This service involves BW fully mapping out all client locations and carrying out end-to-end cash transportation option.
The service would be fully planned and operated by BW. This option also forms part of the full outsourced service which we offer to DMB’s, and recommended for merchant clients cash movements.
It is also a service recommended and tailored to suit Retail and Merchant Customers.
Air Freight Service
BW also provides “door-to-door” Air Custodian and Freight services for High Value Assets.
The service involves shipment by air, of local and foreign currencies (Banks only) by air, across various local destinations using certified airports’ facility in Nigeria.
We receive and deliver foreign currencies and high Value items from overseas countries where direct Airline services with Nigeria exist, and where all due approvals for the importation and receipt of said items have been secured.