Helpful tips for handling money on the job
Having cash on hand creates a significant risk
for any business, and it’s important for you to understand how to safely handle
cash that you are responsible for.
Cash
Drawers
When using a cash drawer:
·
Open it
only when making a transaction.
·
Close the
drawer before you package merchandise the customer may have purchased.
·
Leave the
bills the customer gave you on top of the drawer until after making change to
keep a record of what the customer paid in case of dispute.
·
Never
leave an open cash drawer unattended for any length of time.
·
Notify
your supervisor when you build up excess cash in your drawer so it can be moved
to a more secure location.
·
Never
count cash drawers in front of customers. Always count the contents of the
drawer in a secure, private area.
·
Always
lock the cash drawer and remove the key when it is not in use.
·
If the
premises will be unattended overnight, empty the cash drawer and leave it open
to deter damage in the event of a break-in.
Bank
Drops
There may be a time when you will have to
bring cash to the bank on behalf of . Remember these tips while moving cash:
· Never establish a routine for deposits. Vary
the time and the route you take as much as possible.
· Always try to take someone with you. Go by
yourself only as a last resort.
· Alert someone that you are leaving with the
deposit and also tell them when you should be returning.
· Transport cash in something that doesn’t draw
attention to you. If you are using a bank bag or similar container, always put
it in something unidentifiable.
· Do not use public transportation.
· If taking a taxi, use a reputable company, and
always call for it by phone instead of flagging one down once you’ve reached
the street.
· If walking, choose busy streets that will keep
you close by people.
· Do not make other stops before the deposit.
Hold-Ups
Even when employees take all the proper
precautions, there is still chance for a robbery. If such a robbery occurs
while you are at work, remember:
·
Try to
remain as calm as possible.
·
Comply
with the robber’s instructions.
·
Give them
any money or goods that they ask for.
·
Make
mental notes about the robber’s appearance so you can inform police.
·
Never
attempt to physically stop an armed robber.
Remember
that no amount of money is worth a life.
