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Komerční banka and Moneta will share ATMs

At the end of last year, KB had a 15% share of the Czech market with its 860 devices. It offers the possibility of depositing cash in 520 devices. Moneta operates 560 ATMs, of which 186 can even deposit cash.

Banks anticipate that joint ATMs will be set up in new locations where they do not yet have their facilities. Next year, banks also plan to allow clients to share cash deposits at ATMs, which is used mainly by sole proprietors and small businesses.

“Cooperation with Moneta will enable us to eliminate duplicate ATMs in busy places and at the same time install these devices in locations where the availability of cash withdrawals is lower,” said Jan Juchelka, CEO of KB. According to him, cooperation will reduce the number of service trips and electricity consumption.

“In the first step, this solution should ensure greater availability of cash withdrawals to clients of both partner banks and thus increase user comfort. In the second, it will bring a benefit in the form of a significant expansion of the deposit machine network, “added Tomáš Spurný, head of the board of directors and director of Moneta.

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