Don’t carry large amounts of cash

2016-11-16 06:01

THE public is warned not to carry large amounts of cash.
They must consider options that are lower risk and use cellphone banking and internet transfers to pay accounts or ATMs to do the banking.
With incidents where people are robbed of their cash or even killed on the rise, a warning has been issued to prevent such incidents.
Tips that will help minimise the chances of being robbed:

• Alternate the days and times on which you deposit cash.

• Refrain from making cash deposits.

• Never make your bank visits public, even to people close to you.

• Do not openly display the money you are depositing while you 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 regularly deposit 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 pay day.

• Consider arranging electronic transfers of wages to your contract or casual labourers’ bank accounts. - Captain Charlene Van Der Spuy, Amanzimtoti SAPS: communications.

Join the conversation!

24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.
NEXT ON NEWS24X

Inside News24

 
PARTNER CONTENT
INFOGRAPHIC: New thinking required for retirement

Everything we believe about retirement is fast becoming outdated.

/News

Book flights

Compare, Book, Fly

Traffic Alerts
Traffic
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.




Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.