The iCASH 50 is a banknote recycling system for the checkout zone or cash office. It enables the user to deposit or receive banknotes in a way that ensures complete audit compliance. If integrated into a POS terminal the system can be configured to allow in- and outpayments either by the cashier or directly by the customer. If used in a cash office it enables cashiers to deposit cash takings and stock up on change. The closed cash cycle at the POS terminal or in the cash office ensures no errors or manipulation when handling cash. If the system is used together with a coin recycling system, cash handling within a store can be completely automated.