SBV Cash Processor Contractor Learnership 2026

Job Overview

Position: Cash Processor Contractor (Learnership)
Company: SBV Services
Advert Date: 30 September 2026
Work Level: Junior
Job Type: Contract
Salary: Market Related
Employment Equity Position: Yes

Minimum Requirements

Applicants must meet the following requirements:

• Grade 12 with Mathematics or Mathematical Literacy
• Be between 18 and 29 years old
• Must not have previously participated in the National Certificate: Banking
• Be prepared to work in an environment involving the processing and handling of cash

What Does a Cash Processor Do?

Successful candidates will receive exposure to different areas of SBV’s cash-processing operations.

One of the main responsibilities involves receiving cash deposits and capturing or updating the information on the relevant systems. Employees must follow company policies and procedures to reduce risks to both SBV and its customers.

Cash Processing and Note Sorting

Trainees may be responsible for preparing deposits for counting, checking cash bags or containers for signs of damage or interference and reporting irregularities to the Team Controller.

Other responsibilities include:

• Sorting and processing notes
• Checking deposits for accuracy
• Identifying and reporting differences
• Processing rejected notes
• Completing production records
• Performing daily balancing and reconciliation
• Checking for counterfeit, dye-stained or mutilated notes
• Transferring processed cash to vaults

Coin and Deposit Processing

The position also involves processing bulk coin deposits according to SBV procedures.

Candidates may be required to count and balance money, process teller coin transfers, operate cash-processing equipment and report discrepancies.

Employees must ensure that customer deposits remain separated and are processed correctly on the applicable systems.

Payroll, Treasury and Cash Preparation

Cash Processors may assist with payroll and change transactions as well as the accurate packing and unpacking of bank and ATM cash.

They are also expected to take proper care of company equipment and report defective machinery to the relevant Team Controller.

Skills Needed

Because the position involves handling money and sensitive financial transactions, candidates should be comfortable working accurately and following strict procedures.

Attention to detail, responsibility, accuracy and the ability to follow instructions will be important when carrying out daily duties.

How to Apply for the SBV Learnership 2026

CLICK HERE TO APPLY FOR THE LEARNERSHIP

Applicants should prepare an updated CV and ensure that their Grade 12 information, particularly Mathematics or Mathematical Literacy, is clearly indicated.

Important Information

This is a contract learnership opportunity and the advertised salary is market related. The vacancy information provided does not specify a closing date, so applicants should check whether the position is still accepting applications before submitting their details.

Never pay anyone to secure a learnership or employment opportunity.

📢 Share this opportunity with young people aged 18–29 who have Grade 12 with Maths or Mathematical Literacy and are interested in starting a career in banking and cash processing.