OFFTEC Supplies Abu Sheikha Exchange With Advanced Banknote Counters

Press release

Published June 28th, 2020 - 04:33 GMT

OFFTEC

Highlights

OFFTEC has signed an agreement with Abu Sheikha Exchange to equip its 16 nationwide branches with cutting-edge Glory GFS-220C banknote counters, sorters and counterfeit detectors.

OFFTEC for Office and Banking Systems - the sole distributor of cash handling machines produced by leading Japanese manufacturer; Glory - has signed an agreement with Abu Sheikha Exchange to equip its 16 nationwide branches with cutting-edge Glory GFS-220C banknote counters, sorters and counterfeit detectors.

Commenting on the agreement, Abu Sheikha Exchange CEO, Jafar Abu Sheikha, said, “We are excited to continue our yearslong partnership with OFFTEC for Office and Banking Systems, whom we have come to rely on for the high-quality banknote counters and counterfeit detectors they source from renowned Japanese producer, Glory.”

On his part, Office and Banking Division Manager at OFFTEC for Office and Banking Systems, Eng. Mazen Hazboun, stated, “This latest partnership marks yet another step in our journey to extend distinguished services to our customers. We are pleased to be providing Abu Sheikha Exchange with the equipment they need to conduct their financial operations, and look forward to greater collaborations in the near future.”

The Japanese manufacturer has fitted its Glory GFS-220C machines with the latest high-precision sensors, in addition to multiple other features that ensure reliable banknote counting and counterfeit detection.

Background Information

OFFTEC

Founded in Jerusalem in 1910, OFFTEC combines unparalleled experience and comprehensive capabilities in the areas of Banking Technologies, Office Technologies, Furniture Solutions, Physical Security Solutions, IT Infrastructure, Cyber Security, Software Solutions, and Plastic Card Technologies.

In addition to our headquarters in Jordan, OFFTEC operates out of Palestine, Sudan and Iraq. With over a century of market experience, a highly qualified workforce and a longstanding company portfolio covering an extensive list of worldwide market leaders and best-in-class providers, we are proud to serve a large customer base spanning various industries including banking, education, and the public and private sectors, among others.

OFFTEC is a subsidiary of OFFTEC Holding Group, a regional business technology, leasing solutions and loyalty services company. With a total capital of JOD 39.6 million, OHG manages a portfolio of companies that, in addition to OFFTEC, also includes ePoints and Alwasleh.