--- title: Will Smart Safes Cut Cash Management Costs? description: Understanding the benefits (and problems) of smart safes can help your business save money. image: https://news.cdlatm.com/hubfs/RethinkYourSmartSafeAssets-03.png --- [Skip to content](https://news.cdlatm.com/news-and-updates/will-smart-safes-cut-cash-management-costs#main-content) [![Cash Depot- May 2021-1](https://news.cdlatm.com/hs-fs/hubfs/Cash%20Depot-%20May%202021-1.png?width=110&height=72&name=Cash%20Depot-%20May%202021-1.png)](https://www.cdlatm.com) - [ATM](https://www.cdlatm.com/) Show submenu for ATM - [ATM Placement](https://www.cdlatm.com/atm-placement-program) - [ATM Processing](https://www.cdlatm.com/atm-processing-program) - [Cellular Service](https://www.cdlatm.com/atm-cellular-service-solutions) - [ATM Rental](https://www.cdlatm.com/atm-rental-program) - [Tire Inflation](https://www.cdlatm.com/) Show submenu for Tire Inflation - [Air/Vac Rental](https://www.cdlatm.com/air-vac-rental-solutions) - [Air/Vac Placement](https://www.cdlatm.com/air-vac-placement-solutions) - [Credit Card Reader](https://www.cdlatm.com/air-vac-credit-card-capability) - [Cash Solutions](https://www.cdlatm.com/) Show submenu for Cash Solutions - [BANK IN A BOX](https://www.cdlatm.com/cash-management-solutions) - [ATM Cash Management](https://www.cdlatm.com/cash-management-services) - [Online Store](https://www.cdlatm.com/shop-atm-air-vac) - [Support](https://www.cdlatm.com/atms-frequently-asked-questions) Show submenu for Support - [Customer Tools](https://www.cdlatm.com/customer-tools) - [FAQ's](https://www.cdlatm.com/atms-frequently-asked-questions) - [Disputes](https://www.cdlatm.com/cash-depot-disputes) - [Refund Policy](https://www.cdlatm.com/cash-depot-refund-policy) - [Cash Depot Privacy Policy](https://www.cdlatm.com/cash-depot-privacy-policy) - [News & Updates](https://news.cdlatm.com/news-and-updates) - [Contact Us](https://www.cdlatm.com/contact-us) - [ATM](https://www.cdlatm.com/) Show submenu for ATM - [ATM Placement](https://www.cdlatm.com/atm-placement-program) - [ATM Processing](https://www.cdlatm.com/atm-processing-program) - [Cellular Service](https://www.cdlatm.com/atm-cellular-service-solutions) - [ATM Rental](https://www.cdlatm.com/atm-rental-program) - [Tire Inflation](https://www.cdlatm.com/) Show submenu for Tire Inflation - [Air/Vac Rental](https://www.cdlatm.com/air-vac-rental-solutions) - [Air/Vac Placement](https://www.cdlatm.com/air-vac-placement-solutions) - [Credit Card Reader](https://www.cdlatm.com/air-vac-credit-card-capability) - [Cash Solutions](https://www.cdlatm.com/) Show submenu for Cash Solutions - [BANK IN A BOX](https://www.cdlatm.com/cash-management-solutions) - [ATM Cash Management](https://www.cdlatm.com/cash-management-services) - [Online Store](https://www.cdlatm.com/shop-atm-air-vac) - [Support](https://www.cdlatm.com/atms-frequently-asked-questions) Show submenu for Support - [Customer Tools](https://www.cdlatm.com/customer-tools) - [FAQ's](https://www.cdlatm.com/atms-frequently-asked-questions) - [Disputes](https://www.cdlatm.com/cash-depot-disputes) - [Refund Policy](https://www.cdlatm.com/cash-depot-refund-policy) - [Cash Depot Privacy Policy](https://www.cdlatm.com/cash-depot-privacy-policy) - [News & Updates](https://news.cdlatm.com/news-and-updates) - [Contact Us](https://www.cdlatm.com/contact-us) # Will Smart Safes Cut Cash Management Costs? 16 October 2025 [retailers](https://news.cdlatm.com/news-and-updates/tag/retailers), [ATMs](https://news.cdlatm.com/news-and-updates/tag/atms), [Profit](https://news.cdlatm.com/news-and-updates/tag/profit), [Foot Traffic](https://news.cdlatm.com/news-and-updates/tag/foot-traffic), [Attracting Consumers](https://news.cdlatm.com/news-and-updates/tag/attracting-consumers), [Convenience](https://news.cdlatm.com/news-and-updates/tag/convenience), [cash](https://news.cdlatm.com/news-and-updates/tag/cash), [cash management](https://news.cdlatm.com/news-and-updates/tag/cash-management), [retail cash management](https://news.cdlatm.com/news-and-updates/tag/retail-cash-management), [smart safe](https://news.cdlatm.com/news-and-updates/tag/smart-safe), [cash recycling](https://news.cdlatm.com/news-and-updates/tag/cash-recycling), [convenience cash](https://news.cdlatm.com/news-and-updates/tag/convenience-cash), [retail cash](https://news.cdlatm.com/news-and-updates/tag/retail-cash), [cash recyclers](https://news.cdlatm.com/news-and-updates/tag/cash-recyclers), [cash management analysis](https://news.cdlatm.com/news-and-updates/tag/cash-management-analysis) [As seen on NACS Daily News.](https://www.convenience.org/Media/Daily) Many retailers are spending a lot of money on their cash. Cash management can have high costs, especially in fees related to banking, labor, and provisional credit. Together, these expenses can cost retailers $500 or more per month per location.  “Cash management systems are supposed to alleviate those costs, but many smart safe and cash recycling providers have a litany of their own fees,” said Burke. Things like equipment and software, maintenance, training fees, security fees, holiday surcharges, cellular communication fees, change orders for bills, and time fees for excess minutes spent on pickups or drops. “Smart safes are really about saving time and improving safety in your store—not about saving you money.” They speed up time to prepare deposits, reduce trips to the bank, and keep better track of cash with accurate counting and reporting, but they rarely reduce costs, he said. Cash Depot’s BANK IN A BOX “changes how stores handle cash by fixing some of the most expensive parts of cash management,” said Burke. The system is an all-in-one solution, combining smart safe with cash recycling and ATM features. “Instead of letting cash sit in a safe, BANK IN A BOX reuses your in-store cash to refill your registers. This means you don't have to order as much cash from the bank—or maybe none at all. Even better, you reduce your armored courier costs by bundling your in-store cash management with your on-site ATM cash services.” The cash recycling feature also helps save on provisional credit fees for next-day deposits, which can cost $250-$300 per month per store for the average retailer. “Provisional credit is a standard feature of most smart safe and cash recycling systems,” said Burke. With regular smart safes, you pay fees on all the money you put into the safe for deposit. So, for example, if you deposit $5,000, you pay provisional credit on the whole amount. “But with BANK IN A BOX, it’s more than an in-store cash recycler. It is also a consumer financial services kiosk and ATM. You can get credited for money dispensed out to your ATM users. So, if you deposit $5,000 but customers withdraw $3,000 from your ATM, you only pay fees on the remaining $2,000. That's a big difference in your monthly costs,” Burke explained. [![DISCOVER BANK IN A BOX A Better Way to Manage Cash Robust, Automated Retail Cash Management for your stores.  ](https://no-cache.hubspot.com/cta/default/23335140/interactive-150970004485.png)](https://news.cdlatm.com/hs/cta/wi/redirect?encryptedPayload=AVxigLK4WUo6gDkBwo%2FXW40yur75vlW4zT9KJhS19rM6vdTtjozFxy2cwh3yIw73i%2BhLPJPBkNa8hgwMokAVMSG89aVcBOl5n1IhIv6xeN2tjEwvji1%2FCGx5VKV0DCXfTGyh%2BPZx4fXoDT9F2Re1NNIez3qSCmwYu%2BD%2F4oYMhWAeTy1fOAf64bc46w%3D%3D&webInteractiveContentId=150970004485&portalId=23335140) ### Related Post [![](https://news.cdlatm.com/hs-fs/hubfs/smarter-than-a-smartsafe-header.png?width=352&name=smarter-than-a-smartsafe-header.png)](https://news.cdlatm.com/news-and-updates/how-much-are-you-paying-for-your-next-day-smart-safe-deposits) ##### [How much are you paying for your next-day smart safe deposits?](https://news.cdlatm.com/news-and-updates/how-much-are-you-paying-for-your-next-day-smart-safe-deposits) Running a cash-heavy business like a convenience store or grocery store means dealing with large... [![The new year is the perfect time to make changes that save you money and bring you added revenue](https://news.cdlatm.com/hs-fs/hubfs/New%20Year%2c%20New%20Revenue%20-%20Why%20Q1%20is%20the%20Perfect%20Time%20to%20Upgrade%20Your%20Cash%20Management%20Strategy.png?width=352&name=New%20Year%2c%20New%20Revenue%20-%20Why%20Q1%20is%20the%20Perfect%20Time%20to%20Upgrade%20Your%20Cash%20Management%20Strategy.png)](https://news.cdlatm.com/news-and-updates/new-year-new-revenue-is-it-time-to-upgrade-your-cash-management-strategy) ##### [New Year, New Revenue: Is it time to Upgrade Your Cash Management Strategy?](https://news.cdlatm.com/news-and-updates/new-year-new-revenue-is-it-time-to-upgrade-your-cash-management-strategy) The champagne has been poured, the confetti swept away, and your Q4 numbers are finally in. For... [![You're paying for your next-day smart safe deposits](https://news.cdlatm.com/hs-fs/hubfs/financial-magic.jpg?width=352&name=financial-magic.jpg)](https://news.cdlatm.com/news-and-updates/next-day-smart-safe-deposits-arent-financial-magic) ##### [Are You Paying for Your Next-Day Retail Smart Safe Deposits?](https://news.cdlatm.com/news-and-updates/next-day-smart-safe-deposits-arent-financial-magic) If you're a retailer using a smart safe, you might be experiencing what seems like financial magic:... 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