Change of Banknotes Layer Formation as from January 2010

Removing existing obstacles and hurdles in cross-border cash transactions of commercial banks and ensuring equal competition conditions within the Euro zone was the objective under which the Governing Council of the ESCB took the decision to repeal the applied regulation for the collection and delivery of banknotes in layer formation as from 1^st  January 2011.

The Austrian National Bank is striving together with Geldservice Austria GmbH for the implementation of this issue already from January 2010 onwards.

From this point of time, it is no longer required for the collection of cash amounts or allocations to be handed over in bundled banknotes face-to-face in a sorted way; they can instead also be processed “unfaced”. The packet unit number for the single banknote denominations will remain unchanged.

MULTI-Box Cash- and Coupon-Logistics at the VARENA-Shopping-Center

On Wednesday, 25th August 2010, Austria’s most modern shopping centre with more than 80 shops will open in Vöcklabruck (Linzer Strasse 50, located directly at the federal highway B1 and built on the former site of the Interspar-Hypermarket).

In order to enable the shops to have their daily cash turnover collected in an easy, comfortable and safe manner, a MULTI-Box will be made available right from the beginning where not only cash amounts can be dropped into but as well VARENA-coupons. These are then daily collected, counted and directly credited on the customer’s account by GSA.

Nothing stands in the way of „colourful shopping in the lake district“ anymore!

s.Oliver Award 2009 
20th February 2010 in Salzburg

For 3 years, GSA has been entrusted with

the implementation of the entire cash logistics of s.Oliver Austria. Due to its excellent business relationship as well as the good co-operation

with the fashion company, GSA was given recently the opportunity to participate pro-actively in the presentation of the Awards 2009 to the best sales teams of wholesale and franchise partners in Austria.

The coveted prizes awarded in 17 categories were presented by high-calibre laudators from television, radio, sports and society within

the framework of a very successful event and thus paid tribute to the achievements of the prize-winning sales teams. The winners of the category „Best turnover of previous business year“ had the pleasure to receive their awards from

Mr. Werner Kral, authorized signatory of GSA.
The evening’s event took place under

the charity motto „Together“. The donations collected on this occasion will be a contribution

to support a SOS-Kinderdorf project

(SOS Children’s‘ village project).
„Together” is also the motto for a further cooperation with s.Oliver and future interesting projects with GSA.