“A small business which is cash based and needs to deposit money on a regular basis at the bank should apply the following tips which will minimise the chances of you being a victim of robberies,” says Lizzy Arumugam, SAPS Corporate Communications officer.

Tips to avoid being the victim of a business robbery

• Alternate the days and times on which you deposit cash
• Never make your bank visits public, even to people close to you
• Do not openly display the money you are depositing while you are standing in the bank queue
• Avoid carrying money bags and briefcases, or openly displaying your receipt book
• It is advisable to identify another branch nearby that you can visit to ensure that your banking pattern is not easily recognisbale 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’

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