Armed hold-ups and cash handling: Transferring cash safely
How small businesses can prevent being targeted for robberies when banking money.
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How to reduce the risk of being targeted for a robbery when transferring cash
- When large amounts of cash are involved, use a security transport company.
- Count cash out of sight of customers.
- Reduce need for transfers by reducing use of cash; for example, encouraging electronic funds transfers.
How to manage risks
- Monitor the amount of cash held at your business and make regular random bank deposits through the day.
- Do not take large amounts of cash to the bank in the same bag at the same time every day.
- If possible, take someone with you to the bank.
- Conceal deposit bag and use a bank close to you to deposit takings.
- Constantly change the procedures for cash transfer, including changing routes, times, schedules, the amounts transferred and the vehicle used.
- Do not take cash home – driving home with the day's takings makes you a target for robbery.
- Have signs indicating limited cash on premises.
What to do if you are the target of a robbery
- Stand still, with your hands where they can be seen and avoid making sudden movements.
- Do exactly as the offender says.
- Try to stay calm.
- Avoid drawing attention to yourself.
- Avoid staring or making eye contact with the offender.
- Allow the offender to leave and do not give chase.
- When it is safe call 000.
- Try not to touch anything that may involve disturbing the evidence.