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Bank of Namibia installs high-tech security system

The Bank of Namibia has installed a multimillion rand state-of-the-art, modular CCTV surveillance system and digital image storage facilities at its headquarters in Windhoek.

The system was designed and supplied by Thales Advanced Engineering, the Johannesburg-based designer and manufacturer of high-level, fully integrated electronic surveillance systems.

Thales joint managing director Dr Bennie Coetzer says the design and capabilities of the surveillance system had been evaluated over a period of three years and compared with other systems used by similar central banking institutions overseas.

"The system is capable of recording cash handling processes at very high image quality and rapid frame rates so that if any mishap does occur, the bank authorities will be able to fully track the event in great detail from the digital storage facility."

Money entering the bank is tracked from the moment it arrives, during counting and storage and until it finally leaves the premises. Dr Coetzer adds that the system design is modular to cater for future expansion and for the integration of all other security aspects in order to provide a total surveillance solution.

"While it is a high-level system, it is user-friendly and focus was placed upon simplicity of operation. In the design, we had to pay special attention to the need for long-term digital storage and very high quality digital images.

"This work also demonstrates the commitment of the Bank of Namibia to its overall security in the best interests of the country as a whole."

Consultants for the project were M2C of Cape Town.

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