With its Irish expansion, the 220-year old Bank of Ireland has become the largest ATM provider in the country. Under an agreement with the countrywide independent retail group Musgrave SuperValu-Centra, the bank is the preferred supplier of ATM services in 250 locations. A huge share of the installations is in rural areas, where terminals have been as far apart as 20 kilometers.

But unlike many banks that have chosen to keep as many operations in-house as possible, Bank of Ireland has handed over complete operation of its Irish Retail off-site ATM network consisting of nearly 600 terminals to the IT specialist, Wincor Nixdorf. In so doing, the bank has been able to control its costs for this business activity more flexibly and efficiently while keeping up with the major technological developments.

The network is based on Wincor Nixdorf ProCash 1500 “self-replenishing” ATMs, with cash stocks being topped up daily by the retailers. The slim, compact unit is designed specifically for installation within supermarkets, which typically require space-saving equipment.