STRATEGIC PARTNERS
March 30, 2003
STOCKHOLM -- SEB, a leading commercial bank with 670 branches in Sweden, Germany and the Baltic states, has signed an agreement with Swedish ATM manufacturer BANQIT for 34 of BANQIT's model Q-CashExterior 25 cash dispensers.
According to a news release, the machines, which are designed for through-the-wall placements, will replace older ATMs in Stockholm and Gothenburg.
The software application was developed by SEB and will run on a Microsoft Windows NT platform, according to the release. It will use WOSA/XFS for interfacing the machines' different components, via BANQIT's application software Q-ConnectXFS.
Installation and maintenance support will be handled by Siemens Business Service Sweden.
The deployment will begin later this year and is expected to wrap up in early 2004.
