Coles Resumes Cash Deliveries With Armaguard Amid Fears of Cash Shortages

After the retailer large resumes income distribution services with Armaguard, customers will be able to use the cash handling company Armaguard for the Easter holiday.
Due to concerns that the cash-transfer company could go into administration and lead to cash shortages, Coles temporarily halted all currency orders with Armaguard until April 5 and reduced the customer withdrawal cap from$ 400 ( US$ 261 ) to$ 200.
But, Armaguard informed the retailer that it was comfortable in maintaining its long-term financial viability shortly after Coles announced the pause, prompting Coles to continue delivery orders by March 28.
A Coles director said,” Coles can ensure that ordinary money collection and processing solutions from Armaguard have resumed.”

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