Barclays says it’s launching a new cash collection service for business customers this year, pending the outcome of a pilot south of the border.
Its new Barclays Collect service is set to be rolled across all UK regions, including in the east of Scotland, at some point in 2016, according to the firm.
It says the new service, which will be free for collections of £5,000 and above, offers customers a security vehicle to transport their deposits and enables them to book a collection time online from their mobile or desktop. Customers will be able to schedule regular and one-off collections and will be supplied with a checklist to ensure the smooth running of the collection.
The pilot is currently underway in Birmingham, Manchester, Enfield and Leeds Bradford.
Gavin Isle, head of Business and Corporate Banking at Barclays, said: “Traditionally small businesses have had to take precious time out of their working day to travel to a branch and make their cash deposits. The new Barclays Collect service is a solution that will enable customers to book a collection quickly and securely, providing businesses with a simple and convenient service that works around them. This service will also support larger businesses with their cash management needs.
“We’re passionate about helping businesses and providing innovative solutions for our clients. In addition to time saved, this service provides security for business owners and their staff and with the peace of mind that takings will be in their account the next working day. We’re proud that our investment in digital banking means that we’re leaving no business behind.”