Community warned not to carry large sums of cash

2016-11-15 06:00

SAPS are warning members of the public not to carry large amounts of cash.
They must consider options that are lower risk like carry as little cash as possible or use cellphone banking and internet transfers to pay accounts or ATMs to do the banking. There are many incidents where people are robbed of their cash or even killed.
A warning has been issued to prevent such incidents.
Here are tips that will help minimise the chances of being the victim of a robbery:

• 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 standing in the bank queue.

• Avoid carrying money bags, briefcases or openly displaying your deposit receipt book.

• It’s advisable to identify another branch nearby that you can visit to ensure 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 pay day.

• Consider arranging an electronic transfers of wages to your contract or casual labourers’ personal bank accounts.
– Supplied.

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