OpenSys secures additional RM10.8mil LoA from BSN

OpenSys chief executive officer Eric Lim Swee Keah

KUALA LUMPUR: Opensys (M) Bhd has secured an additional RM10.8mil in a letter of award (LOA) to supply more cash recycling machines (CRMs) to Bank Simpanan Nasional (BSN) branches nationwide.

OpenSys first supplied BSN the initial batch of CRMs in 2019. With additional CRMs deployed under this latest LOA, BSN would commission more than 270 CRMs in total across branches nationwide by the end of 2022.

OpenSys chief executive officer Eric Lim Swee Keah said: “With this current undertaking, OpenSys continues to maintain our market leadership in the CRM space, by deploying more than 80% of CRMs in Malaysia.”

“This additional award from BSN demonstrates the CRMs’ ability to generate significant savings in operational costs, improving operational efficiency and enhancing customer service for banks,” he said.

Apart from supplying and commissioning the CRMs, OpenSys as an end-to-end provider would also undertake regular maintenance of the machines. Commenting further, Lim said.

CRMs are dual-function machines that replace standalone cash deposit and cash dispensing machines in banks and financial institutions.

It enables deposited cash to be ‘recycled’ and dispensed to customers, hence improving operational uptime and saving banks up to 30% of costs.