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.


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