The SafePak System Overview
The Night Drop Retrieval System, or The SafePak System, is an innovative ATM and Night Depository bag system designed to streamline armored carrier procedures, reduce deposit retrieval and transportation costs, and protect all deposits from unauthorized access of any kind. The SafePak System’s self-locking bags have full-time electronic monitoring features that allow for single-custody pickups. Without the need to manifest deposits, armored carriers are able to retrieve deposits faster and with one less employee. This increases their revenue while reducing their operating costs. Armored carriers that use the SafePak System pass savings on to their clients by reducing the price they normally charge their customers for deposit retrieval.
How The Night Drop Retrieval System Works
Each SafePak System consists of four bags and a metal frame permanently mounted inside a depository safe, directly under the drop chute. A SafePak collection bag slides into the frame and automatically locks into place. During the deposit period, all deposits fall through the drop chute and frame straight into the bag. A lid made of high impact ABS plastic is attached to every bag by a plastic-coated metal cable, and can be conveniently stored in the front pocket of the bag. To remove the bag, an armored carrier slides the lid into a narrow slot at the top of the bag. The lid locks automatically onto the bag, releasing it from the frame with all deposit contents safely secured inside. The bag can only ever be removed from the frame when the lid is locked, thereby inhibiting all access to the contents of the bag at all times. An empty bag slides into the frame (for the next deposit period) and the full bag is transported to the processing site. There is no deposit counting or on-site manifesting, so the entire procedure takes about 30 seconds. Three of the four SafePak bags are cycled to ensure there is always a bag inside the safe, one on an armored truck, and one at the processing center. A fourth bag is used in the event that the armored carrier needs to do an extra pick-up or if a bag needs to be sent in for repair.
Ensuring Cash Security: Theft-proof TamperCheck Technology
Are you aware that at least 80% of all armored vehicle robberies are thought to be inside jobs? Every day, the men and women in the armored carrier industry risk their safety to protect our money, yet they are also entrusted with major responsibility. The standard deposit retrieval procedure depends on trusting just two individuals, as they count deposits under nothing but each other’s supervision. This massive responsibility is often insufficiently policed, giving dishonest armored carrier personnel the opportunity to exploit this lack of oversight.
For total accountability of all deposits, every SafePak bag is equipped with a sensitive TamperCheck electronic tamper-monitoring device. This revolutionary invention guarantees that any attempt to forcibly remove the SafePak bag from the frame or to remove the lid from the bag during transit is immediately apparent to processing personnel. This means that cash liability can be easily isolated to the responsible armored carrier in the event of a loss. With the TamperCheck in place, armored carriers are capable of minimizing deposit retrieval teams down to a single-custody procedure, and experience substantial savings by doing so.
Simple and fool-proof, the TamperCheck is permanently mounted inside the front of the SafePak bag frame, and functions by flashing a bright red light if a deposit bag has been tampered with or compromised. When a lid is inserted and locked into a Safepak bag, the TamperCheck then monitors the position of the lid while the bag is being transported. The red light will begin flashing if the bag is improperly removed from the SafePak frame or if the lid is removed during transit. This light can only be reset by processing personnel with the proper reset key (at the deposit processing site).
If the red TamperCheck light is flashing when a deposit is delivered to a processing station, processing personnel will immediately open the deposit bag and count all deposits. This inspection should be done in the presence of the armored carrier who delivered the SafePak bag, to determine responsibility if a deposit is later reported missing or incomplete.
Because it is effectively impossible to access a deposit without also triggering the TamperCheck device, it is always easy to identify the responsible individuals of any attempted theft. This means no more long and costly investigations, no more anxiety about missing or incomplete deposits, and less time and money spent on dual-custody deposit retrieval and on-site manifesting.
Reduced Pick-up Time + More Pick-ups Per Day + Single-Custody Retrieval = $$$
By using the TamperCheck monitoring device, armored carriers can reduce three-man teams to two-man teams (one driver, one deposit-handler) for single-custody deposit retrieval. In many cases, armored carrier vendors experience savings of more than 30% in employee wages and related costs. Time spent at the depository site (to retrieve deposits) and the processing site (to deliver deposits) is reduced to half a minute because there is no counting or manifesting of individual deposits (normally averaging 10-20 minutes at each location). Therefore, many more service stops can be made in much less time. The combined benefits of the SafePak System enables the armored carrier vendor to offer services at attractive rates and places them in a distinct advantage over competing armored service providers. Armored carrier cost reductions are passed on to their clients in the form of significantly reduced transportation and service fees.
[su_button style=”soft” size=”8″] Click to Watch The SafePak System Installation[/su_button]
Armored carriers also do not have to wait for bank personnel to arrive at the depository site to assist in collecting the deposits. The SafePak system completely eliminates bank employees from the deposit retrieval procedure; Armored carrier personnel are totally responsible for collecting deposits. Valuable bank employees (usually management personnel) who leave their branch every day to meet armored carriers at remote sites can now remain at work to satisfy customer and company needs.
More deposit pick-ups can be done in less time, so deposits can be delivered earlier to the processing site to meet time cutoffs for earlier Cash Letter sends. Items that miss these early sends incur an added day’s float-time and/or increased item fees. Improved float-time means improved interest margins for the bank, while reduced delivery time increases processing proficiency and lowers employee costs.
Risk of traffic accidents during travel time or bank employee injury during a robbery at remote sites, potentially very costly incidents for the bank, are eliminated since no bank personnel are involved in deposit retrieval. Minimal on-site time also reduces the armored carrier’s exposure to robbery. At branch locations, armored personnel can also enter during off-hours, taking advantage of low traffic times and less exposure to the general public.
SafePak Systems for Cannabis Transport Vans
The Cannabis Industry has become a challenge for transporters and armored carriers. In some states it is not legal to transport cannabis or cash payments via federally regulated carriers. So a new breed of carriers has emerged, focused solely on the cannabis industry. SafePak is proud to be on the leading edge of this industry, providing a more secure way to handle both the cannabis itself and the related cash payments. Transport vans/trucks are being equipped with SafePak bags, large and small, to handle the transport of the cannabis between the grower and the testing labs, and between the testing labs and the distributors. The cash payments related to these transactions is also transported from these various business locations to each other, and to government tax offices.
The SafePak System & The SafePak Cashbar
Armored carrier vendors reduce servicing costs for banks that create a single-custody daily deposit retrieval procedure by augmenting The SafePak System with The SafePak Cashbar. The Cashbar blocks all access to ATM cash cassettes except for cash replenishment personnel, and isolates all cash liability to the once-a-week cash replenishment procedure. Because The SafePak System negates the need to count or manifest deposit envelopes, much less time is spent at each ATM site. This means more ATMs can be serviced in less time with fewer personnel, saving valuable time and money for every party involved.
Built To Last
Like all SafePak products, the design of The Night Drop Retrieval System is engineered with ingenuity and care. The current model of The SafePak System has been used worldwide and refined for more than 20 years, and is considerably responsible for skyrocketing SafePak Corporation to a leader in the Cash Services industry.
A SafePak bag consists of a metal rim with a nylon bag attached, metal handle, TamperCheck electronic tamper-monitoring device, lid, lid lock, lid tether, and shoulder strap. The 16-gauge steel rim, riveted to a canvas and vinyl bag, slides into a steel frame and is automatically locked in place by the frame lock. Frames are suspended inside depositories by two spreader bars of steel-threaded rods and receiving tubes, with adjustable nuts for sizing. The plated steel handle on the rim is used to slide the bag in and out of the frame. Deposits are seamlessly directed into the SafePak through a lightweight, steel funnel.