Perpetually Adaptive Enterprise
At TCS, we don’t just help businesses transform. We help them become perpetually adaptive enterprises, built to evolve continuously and confidently in a world of constant change.
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About Us
We deliver excellence and create value for customers and communities - everyday. With the best talent and the latest technology we help customers turn complexity into opportunities and create meaningful change.
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02 Dec 2025
TCS BaNCS at BankenTech 2025 Frankfurt
01 Dec 2025
TCS at AWS re:Invent 2025
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Industry
Banking
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Banking Services Transformation: Unlocking Exponential Value
TCS’ solutions help banks and FIs push traditional boundaries and build cognitive banking enterprises for better value, resilience, and inclusivity. Learn more.
Related Insights
Australian banks must adopt an AI-backed financial hardship assistance framework to support customers in financial stress and offer personalized support.
White Paper
11 Nov 2025
From receiving and securing cash to daily transactions and reconciliation, learn about the cash handling process and how banks ensure a smooth flow of funds.
Article
28 Nov 2025
Amit S Thapliyal of Magma Insurance discusses generative AI in insurance, predictive offerings, and the role of TCS in their technology decisions. Learn more.
video
15 Sep 2025
Solution
TCS BaNCS™
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TCS BaNCS™: Enabling Transformation in Banks and Financial Institutions
Offering Software-as-a-Service across a stack of solutions and applications, TCS BaNCS facilitates smooth transformation in financial services and drives growth.
Related Insights
From receiving and securing cash to daily transactions and reconciliation, learn about the cash handling process and how banks ensure a smooth flow of funds.
Article
28 Nov 2025
Amit S Thapliyal of Magma Insurance discusses generative AI in insurance, predictive offerings, and the role of TCS in their technology decisions. Learn more.
video
15 Sep 2025
With a focus on efficiency and regulatory compliance, TCS BaNCS is empowering the financial services sector to drive innovation, governance, and resilience.
Article
15 Oct 2025
Cash handling is one of the most critical operations in any bank branch, ensuring the smooth flow of funds to support day-to-day customer transactions.
Here’s a simplified overview of how cash is managed within a branch:
Step 1: Receiving and securing cash.
Cash is received in the branch either from the central bank or a designated currency chest. Once received, it is stored securely in the branch’s main vault, which is typically managed by the Chief Cashier or Head Teller. The receipt of cash is recorded in the core banking system (CBS), which increases the branch’s cash-on-hand balance.
Step 2: Allocation of cash to tellers.
Cash is distributed to the tellers for servicing customers—whether for withdrawals, deposits, or currency exchange. Tellers raise a request for cash in the CBS, which is fulfilled by the chief cashier. When cash is transferred to the teller, the vault balance decreases and the teller’s cash drawer balance increases. Importantly, the overall branch cash-on-hand remains unchanged, as the cash is only moving within the branch.
Step 3: Daily teller transactions.
Throughout the day, tellers perform various cash transactions—deposits, withdrawals, and exchanges—based on customer needs. A cash deposit increases the vault or teller balance, while a withdrawal decreases it. These changes directly affect the cash available at teller cash drawer and in the branch vault but again do not impact the total cash-on-hand of the branch unless cash is physically moved in or out of the branch.
Step 4: End-of-day reconciliation.
At the end of the day, each teller performs a reconciliation by matching the physical cash in their drawer with the balance shown in the system. In rare events, in case of any discrepancies, appropriate adjustments are made after due diligence.
Step 5: Closing balances and vault transfer.
Tellers return the remaining cash to the vault or chief cashier and close their cash drawers. In certain cases, a small amount may be retained in the drawer overnight, within approved limits. The vault balance is updated accordingly, while the teller’s drawer balance is reduced to reflect the transfer.
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