CashGuard, a provider of products and services for closed cash handling and cash logistics, has secured an order from an undisclosed Swedish bank for an ATM end-to end security system.

All of the bank’s ATMs will be equipped with ‘SQS’ security technology for degradation of bank notes. Deliveries will start shortly and the order value is approximately SEK20 million.

The continued confidence being shown in us by Swedish banks confirms that our products satisfy the meticulous requirements arising in today’s market for the supply of cash to ATMs, commented Ove Wedsjo CashGuard’s president and CEO.