in Latin America
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COMETRA armored truck - Mexico
Unlike Western countries which are undergoing a change in the CIT market, with a decrease in cash volumes due to the rise of digital payments, the decrease in bank branches on their territory, pressure on CIT costs (with regulations and automatic cash staining in case of theft) and the willingness of Western state policies to decrease cash volumes, that of Latin American countries is rather stable.
ETV armored vans - Bolivia
Indeed, for years, the inhabitants of these countries, whose standard of living is low for the most part, despite a middle class, do not have the means to make purchases by digital payments, and prefer to be paid in cash.
ATLAS armored van - Colombia
It can also be noted that in many Latin American countries where governmental and local economic policies are unstable, people sometimes prefer to have U.S. dollars rather than exchange with the local currency.
VISETECA armored car - Venezuela
There have been economic shocks, such as in Argentina and Venezuela, where the local currency collapses. The value of the American dollar remains practically fixed, and the inhabitants and the business world of these countries prefer to trade with the American currency.
ESERTVAL armored truck - Chile
In other South American countries, poor people who do not trust their banking system also prefer to have cash rather than put everything in a bank account. However, the middle class in these countries manage their money through their banks.
HERMES armored truck - Peru (BRINKS subsidiary)
In this market of cash transport, we can also indicate the freight with high added values which is transported in trucks with armored cabin as for example electronic material (telephones, computers, etc) to deliver stores in province or in the capitals.
PANAMERICANO armored truck - Mexico (BRINKS subsidiary)
Indeed, the insecurity is very important and the robberies of transport trucks of all kinds are frequent on the roads of Latin America.
WAGNER armored van - Chile
The phenomenon of armored car robbery is very present in most of these countries for more than a century.
Armored car BICEFALA - Mexico
These robberies are carried out by local gangs ready to do anything to steal in the face of the increased security of transportation. That's why the security guards are heavily armed.
PROSEGUR armored car - Brazil
Among the private companies that manage the cash and valuables transport market, there are two large groups that compete with each other: the international group of Spanish origin PROSEGUR
BRINKS armored car - Chile
And the international group BRINKS of American origin.
PROSEGUR armored car - Argentina
In the first case, PROSEGUR was created at the end of the 70s and turned to the Latin American market from the mid-80s.
PROSEGUR armored car - Brazil
One of its first markets on the American continent is Brazil.
PROSEGUR armored car - Brazil
There, over the years, it will buy many small local companies already established on the South American soil.
PROSEGUR Armored truck - Brazil
It will also develop the heavy transport of sensitive cargo with a fleet of trucks with armored cabs.
Semi-trailer with armored cabin PROSEGUR - Brazil
This sometimes results in large loads due to their size.
PROSEGUR armored car - Colombia
PROSEGUR is also present in almost all South American countries, such as Colombia,
PROSEGUR armored car - Chile
in Chile,
PROSEGUR armored car - URUGUAY
In Uruguay,
PROSEGUR armored car - PERU
in Peru,
PROSEGUR armored car - Argentina
Or in Argentina.
BRINKS armored cars - Brazil
Its main competitor in these countries is the American group BRINKS.
BRINKS armored truck - Brazil
Established in different countries a few years earlier than its Spanish competitor, thanks to pro-American governments during the late 60's, 70's and 80's, BRINKS also developed the armored truck market to deliver its customers.
BRINKS armored van - Brazil
In 1966, BRINKS was established in Brazil and became its third largest subsidiary in the world.
BRINKS armored truck - Chile
Also present in Chile,
BRINKS armored truck - Colombia
in Colombia,
BRINKS armored car - Bolivia
in Bolivia,
BRINKS armored truck - Argentina
and in Argentina,
MACO armored car - Argentina
it develops subsidiaries with local brands like here the Argentinian cash in transit company MACO.
MACO armored car - Argentina 90's
MACO being an old company in this country.
HERMES armored car - Peru (Subsidiary of BRINKS)
or here in Peru with the HERMES cash in transit company
Armored car of PANAMERICANO - Mexico
In Mexico, it is with its local subsidiary that BRINKS is present: the PANAMERICANO
PANAMERICANO armored car - Mexico
The Mexican market is just as dangerous, if not more so, with the numerous violent gangs on the territory, as well as with the money moved for the Mexican middle classes, arousing the covetousness of these overarmed gangs...
PANAMERICANO armored car - Mexico
This one also develops the types of service that the BRINKS proposes. From the big van
PANAMERICANO armored truck - Mexico
to the semi-trailer with armored cabin.
Armored vans of PANAMERICA - Bolivia
Through this subsidiary of BRINKS, it can also penetrate markets like Bolivia.
DUNBAR Armored van - Chile
Other large groups like DUNBAR Armored will try to break into different Latin American countries
G4S Costa Rica armored car
or G4S with already existing subsidiaries, like here with SECURICOR in Costa Rica,
G4S armored car - Panama
or here in Panama,
G4S armored car - Brazil
or here in Brazil, but their attempt is too late and will not have the same success as the BRINKS and PROSEGUR already present.
GSI armored car - Costa Rica
According to the market sometimes very small as here Costa Rica, the big groups do not establish themselves because not profitable enough for them in term of cash flow.
VIGENCIA armored car - Argentina
Due to the size of the country, the Argentinean market also has many cash and valuables transport companies that have been present for years.
CODECOP armored car - Argentina
Some of them are bought out and change their name like CODECOP.
DUCIT armored car - Argentina
Others renew their fleet of armored vans.
Banco Provincia armored car - Argentina
Some banks prefer to have their own van as here Banco Provincia,
Armored car Banco de la Nacion Argentina
or here Banco de la Nacion Argentina,
Armored car Banco del Chubut
or the Bank of CHUBUT
Armored car of the Banco Central de la Republica Argentina
as well as the Central Bank of Argentina.
BRINKS armored car - Brazil
PROTEGE armored car - Brazil
TRANSNACIONAL armored car - Brazil
BLUE ANGELS armored car - Brazil
Armored truck SEG MASTER - Brazil
CORPUS armored truck - Brazil
FIDELYS armored car - Brazil
FYDELIS armored car - Brazil
Armored car FORMAV - Brazil
PROTEGE armored truck - Brazil
Armored car MIB BLINDADOS- Brazil
PROSEGUR armored truck - Brazil
As here with these models prepared by bodybuilders for PROSEGUR BRAZIL.PROSEGUR armored car - Brazil
in different forms like this one,Armored van BRINKS - Brazil
Armored car TB FORTE - Brazil
Since a few years, in several large countries of Latin America like Mexico, Argentina, Chile or Brazil, the middle classes are more and more important and the South American governments also want, as for the Western countries, to limit the transactions in cash to privilege the digital payments.
PROSEGUR armored pick up - Brazil
This is to avoid too many volumes of cash because it allows these governments to limit the manufacture of new banknotes, as well as to limit the black market work paid in cash, and to allow the tax authorities to have a better visibility of control for more tax revenue in their coffers.
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