Zambia Industrial Commercial Bank

Zambia Industrial Commercial Bank (ZICB) is a Zambian bank that offers cash-in-transit between its branches and clients' premises for businesses with frequent deposits. A teller implant service places a bank teller directly in the client's cash office.

Services - Cash-in-transit between bank branches and client premises; - Teller implant, where a bank cashier works on site at the client.

The payment channel is physical cash.

Clients The services target high-transaction-volume businesses, such as retailers or other companies that take in large amounts of cash every day and would otherwise need to carry it to a branch.

Market Zambia.

Who it suits Operators in Zambia whose takings justify an on-site cashier or scheduled collections: supermarkets, wholesalers, fuel stations or similar. The bank handles both the physical move and the booking of funds, so the client deals with one party. Pricing, minimum volumes, coverage area and the cut-off time for same-day crediting are not stated in the source data and should be agreed with the bank.