CASH CONTROL

Front

What is cash control?

Back

Cash control refers to the processes and procedures put in place to manage cash transactions, ensuring accuracy, security, and accountability in handling cash.

Front

What is the purpose of concealing cash during transport?

Back

To prevent theft and ensure the security of cash while moving it from one secure area to another.

Front

What is the required method for transporting cash during lobby hours?

Back

Cash must be concealed in a non-transparent container that is not visible from any angle.

Front

What is the cash box limit?

Back

The cash box limit is $25,000.

Front

What must be done when selling strapped cash to the vault?

Back

The cash must be stamped by the cashbox after counting.

Front

What is the procedure for counting $50 and $100 bills before transactions?

Back

The buyer must machine count the bills before balancing, exchanging, selling, or combining with verified cash.

Front

How much cash is kept in the top drawer?

Back

$5,000 is kept in the top drawer.

Front

How much cash is kept in the bottom drawer?

Back

$20,000 is kept in the bottom drawer.

Front

What is the significance of using a non-transparent container for cash transport?

Back

It enhances security by making it difficult for potential thieves to see the cash being transported.

Front

What are the consequences of not following cash control procedures?

Back

Failure to follow cash control procedures can lead to theft, loss of funds, and accountability issues.