Cash-in-transit (CIT) or Cash/valuables-in-transit (CVIT) is the physical transfer of banknotes, coins 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.
Many cash in transit companies are private security companies that offer cash handling as part of their services. Loomis is today the only major CIT business that is fully dedicated to cash handling after the split from Securitas.
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