EC SECURITY SAFETY ALERT: How To Safely Carry Cash

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On : 11:27

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Once again we at EC Security are bringing you yet another important tip to securing your world by giving you helpful hints and tips to protect yourself your loved ones and your possessions. The following tips have been drawn up by the South African Banking Risk Information Centre or SABRIC and the SAPS.

FOR MORE EC SECURITY SAFETY HINTS AND TIPS CLICK HERE

 

TIPS TO AVOID BEING A VICTIM OF CASH ROBBERIES FOR INDIVIDUALS

 

 

If you need to pay accounts, consider options that are lower risk instead of withdrawing large sums of cash. Apply the following tips to avoid being a victim:

• Carry as LITTLE cash as possible
• Consider the convenience of paying your accounts electronically
• Consider making use of cell phone banking or internet transfers or ATMs to do your banking.

TIPS TO AVOID BEING A VICTIM OF CASH ROBBERIES FOR BUSINESSES

 

 

A small business which is cash based and needs to deposit money on a regular basis at the bank should apply the following tips which will minimize the chances of you being a victim of robberies:

• Alternate the days and times on which you deposit cash
• Never make your bank visits public, even to people close to you
• Don't openly display the money you are depositing while you are standing in the bank queue
• Avoid carrying money bags, briefcases or openly displaying your deposit receipt book
• Identify another branch nearby that you can visit to ensure that your banking pattern is not easily recognisable or detected
• If the amount of cash you are regularly depositing is increasing as your business grows, consider using the services of a cash management company
• Refrain from giving wages to your contract or casual labourers in full view of the public, rather make use of wage accounts that can be provided by your bank
• Refrain from driving to the bank in your company branded vehicle on a typical 'payday'
• Consider arranging for electronic transfers of wages to your contract or casual labourers' personal bank accounts

TIPS TO AVOID BEING A VICTIM OF CASH ROBBERIES FOR SAVINGS CLUBS AND STOKVELS

 

If you are a member of a cash savings club, advise members of your club of the following tips that will assist your club from being victim to cash robberies:

 

• Refrain from making cash deposits of club members' contributions on high risk days

 

• Ensure persons depositing club cash contributions or making withdrawals are accompanied by another club member

 

• A stokvel savings club or burial society can arrange for members to deposit cash directly into the clubs account instead of collecting cash contributions.

 

• Arrange for the club's pay-out to be electronically transferred into each club member's personal account of their choice. 

 

FOR ALL OF YOUR SAFETY AND SECURITY NEEDS, PLEASE FEEL FREE TO
CONTACT US AT EC SECURITY AND OUR TRAINED PROFESSIONALS WILL ASSIST
 AND ADVISE YOU

 

SAPS CRIME STOP : 08600 10111
SAPS EMERGENCY LINE : 10111