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` REGIONAL OFFICE THRISSUR RIED SQUARE, BUILDING NO. 67/2, ARANATTUKKARA ROAD, CHUNGAM JUNCTION, WEST FORT, THRISSUR 680004___ Tender Ref No: OR/ROTCR/GBOD/096/202425 Date: 03.06.2024PREMISES REQUIRED
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How to fill out tender for currency chest

01
Understand the eligibility criteria and requirements set by the government or relevant authority for setting up a currency chest.
02
Obtain necessary documents such as company registration, financial statements, and other relevant paperwork.
03
Fill out the tender form accurately with all required information and supporting documents.
04
Submit the tender within the specified deadline and follow up with the authorities for any additional information or clarification.
05
Await the evaluation process and be prepared to provide further information if requested.
06
If selected, complete any remaining paperwork and agreements to set up the currency chest.

Who needs tender for currency chest?

01
Banks and financial institutions that require a secure location to store and manage large amounts of currency and coins.
02
Government authorities or agencies responsible for overseeing currency circulation and distribution.
03
Cash management companies that provide services for cash handling and processing.
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A tender for currency chest is a process where financial institutions bid to provide services for storing and distributing currency on behalf of the central bank.
Financial institutions or banks who wish to provide currency chest services are required to file a tender.
To fill out a tender for currency chest, financial institutions need to follow the guidelines provided by the central bank and submit relevant documents and proposals.
The purpose of tender for currency chest is to select the most suitable financial institution to efficiently manage the storage and distribution of currency.
Financial institutions must report their proposed services, experience in currency management, financial stability, and other relevant information on the tender for currency chest.
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