Cash In Transit
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Cash In Transit
Cash-in-transit (CIT) or cash/valuables-in-transit (CVIT) is the physical transfer of banknotes, coins, credit cards and items of value from one location to another. The locations include cash centers and bank branches, ATM points, large retailers and other premises holding large amounts of cash, such as ticket vending machines and parking meters. Many cash-in-transit companies are private security companies that offer cash handling as part of their services. Loomis is currently the only major CIT business that is fully dedicated to cash handling, following its split from Securitas. Brinks spun off its home security division, likewise placing its focus on cash handling. By law, the CIT companies are seen as logistics companies in the private security industry and therefore have to comply with transport and security legislation. In some countries, the transportation of cash has its own legislation (for example, Europe has varying CIT laws). The CIT industry is regulated by natio ...
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Group 4 Securicor Van 105
A group is a number of persons or things that are located, gathered, or classed together. Groups of people * Cultural group, a group whose members share the same cultural identity * Ethnic group, a group whose members share the same ethnic identity * Religious group (other), a group whose members share the same religious identity * Social group, a group whose members share the same social identity * Tribal group, a group whose members share the same tribal identity * Organization, an entity that has a collective goal and is linked to an external environment * Peer group, an entity of three or more people with similar age, ability, experience, and interest Social science * In-group and out-group * Primary, secondary, and reference groups * Social group * Collectives Science and technology Mathematics * Group (mathematics), a set together with a binary operation satisfying certain algebraic conditions Chemistry * Functional group, a group of atoms which provide s ...
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