Slide The UK’s leading cash management company Formed in 2007 as a joint venture between HSBC and Barclays, Vaultex is the UK’s leading cash management company. read more Slide A trusted partner of the Bank of England We support central banks optimise their cash centres’ processing capacities and operational efficiency against global benchmarks. Slide Save money on moving your money Vaultex’s cash-in-transit (CIT) Optimisation service is designed to reduce the time and costs associated with moving cash. We saved one business £180,000 a year. Slide Leading innovation in the cash industry Vaultex designed, developed and piloted a new white label business banking service for a consortium of three major UK banks: the first service of its kind in the UK. Slide Helping a Central Bank reduce the cost of cash management We’re supporting the design and development of a brand new automated cash centre in one the world’s biggest economies. read more

Vaultex Consulting Services: we make managing cash easier

Vaultex Consulting Services support central and commercial banks, retailers and cash management companies across the globe.

We help our clients manage their cash more effectively – optimising operations while maintaining a balance between security, efficiency, cost and service excellence.

Vaultex Consulting Services Blog

July 13, 2021

Maintaining the balance between digital and cash

Maintaining the Balance Between Digital and Cash. While the idea that cash is in decline is not a new narrative – especially in advanced economies – […]
July 13, 2021

Investing in Cash for the Future

Investing in Cash for the Future. Against the now familiar calls of a digital payment revolution, it seems that in many countries, cash is holding strong. […]

Our Services

Our expertise across the end-to-end cash cycle has enabled us to develop and deliver bespoke solutions to Central Banks, Commercial Banks, Financial Institutions and Retailers. Depending on your specific challenges, Vaultex offers various levels of service – from overarching strategic advice, to operational transformation, to more tactical implementation. Every project is unique, so we’ll work with you to find the right approach to meet your specific objectives.

Our Approach



We work with our clients and stakeholders to understand their specific challenges and requirements – using our experience as the leading UK cash management provider


We realize that one size doesn’t fit all. Vaultex works independently of any suppliers: so we’ll find or develop the right solutions for your needs.


Our subject matter experts and project team have decades of combined experience, helping you deliver projects on time and on budget. And we’ll keep stakeholders informed throughout the process.

Our Clients & Partners

  • Tim Allen | Director Cash and Self Service
    “Barclays is a major global financial services provider engaged in retail banking, credit cards, corporate and investment banking and wealth management with an extensive international presence in Europe, the Americas, Africa and Asia. With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs over 140,000 people. Barclays moves, lends, invests and protects money for clients worldwide. A key part of our success is to develop strategic partnerships with suppliers such as Vaultex, who are innovative, forward thinking, and provide valuable insight into the global markets. Their industry knowledge is deep and fundamental in supporting the evolution of our products and services, which continue to deliver significant benefits for Barclays and our clients. Vaultex has developed a team of knowledgeable and professional people, who have a positive, can do attitude which is crucial for embedding complex technological and operational projects for Barclays. Their reliability in delivering agreed services, and ability to respond quickly to change or operational challenges is another significant strength.”
    Tim Allen | Director Cash and Self Service
    Barclays Bank plc
  • Victoria Cleland | Former Director for Banknotes and Chief Cashier
    “As an NCS member, Vaultex helps the Bank deliver our objectives of ensuring a robust and cost-effective supply of cash throughout England & Wales, whilst maintaining public confidence in cash. As part of this Vaultex is subject to the Bank’s security standards, validated by independent, annual audit and separate site visits by Bank of England personnel.”  
    Victoria Cleland | Former Director for Banknotes and Chief Cashier
    Bank of England
  • Andrew Mills | Director of Circulating Coin
    “The Royal Mint truly believes in the value of a premium supply chain and our Supplier Awards demonstrate our commitment to working closely with our suppliers. It is fantastic that the contribution made by Vaultex has been recognised with these awards and I am thrilled that Supplier of the Year has been awarded to one of our key partners.”  
    Andrew Mills | Director of Circulating Coin
    The Royal Mint
  • David Oakley | Head of Information Technology
    “Vaultex’s approach and delivery was of an excellent quality and highly professional throughout. Their deep knowledge of cash automation in particular assured us that we would not leave any stone unturned when considering solutions, and their reports were clear, structured and very well presented. I would have no hesitation in recommending Vaultex to any other retailer who want to review their cash management.”  
    David Oakley | Head of Information Technology
    Hamleys of London