Private account holders benefited in 1985 from an increase in the number of ABN cashpoints. These operate 24 hours a day, seven days a week, and are easily identified. A start was also made in 1985 with the installation of automatic payment facilities at petrol stations in the Eindhoven and Tilburg areas. There are two types of machine, and both can be used by private account holders with an ABN Bank pass embodying a magnetic strip, the issue of which commenced in 1984. To operate the machine, the user inserts the pass and punches in his personal number, the pin code. The bank pass and the pin code will also play an important role in the Open Bank project. Our business clients were confronted with several innovations in 1985. In October, as planned, an optionally readable Giro payment card was introduced, replacing the earlier deposit/payment card. The many new possibil ities created by I hese cards, which can be produced and processed mechanically, will also have the effect of widening the range of commercial users, who include societies and the professions. In many cases Ihe en ids fit in well with the increasingly automated accounting systems employed by business clients. Our experts are busy providing information about this new development and negotiating contracts for payments to be made in this manner. A special circuit via which urgent payments are processed fully automatically became operative during the year. With the introduction of a Foreign Inward System, the time taken to credit foreign currency amounts received via the SWIFT system has been reduced, to the benefit of clients. The list of measures to speed up payments The sponsorship contract for the ABN World Tennis Tournament was signed by Mr. R. J. A. van der Veen, Chief General Manager, Commercial Development.

Jaarverslagen ABN-AMRO Art & Heritage

Algemene Bank Nederland | 1985 | | pagina 32