How to establish safe cash-in-transit procedures

How to establish safe cash-in-transit procedures

Cash-in-transit armed robbery is a serious offence that not only affects your bottom line, but your workers as well. Victims can suffer stress and be put in danger due to these types of robberies. The Australian Institute of Criminology (AIC) indicated in July 2014 that this form of crime had been on the rise in recent years. 

In response to this, Safe Work Australia has released a safety guide to help employers foster a safe working environment. Safe Work highlighted three main areas that should be addressed in order to foster safe cash in transit services

1) Find out what could cause harm

Safe Work first suggests finding out what the hazards are at your workplace. This could be the way the exits are structured, the way money is transported or even something as simple as the lighting.

The AIC claims that evidence shows that cash in transit targets are highly attractive to robbers due to the profitable nature of a successful raid. This highlights these robberies as a potential hazard for your business.

Once the work conditions have been thoroughly assessed, it is much easier to accurately decide what the risk level is. Identifying potential hazards can also help foster deterrence to your business

2) Conduct a risk assessment

The AIC also found that in 85 per cent of cash in transit crimes, the money was successfully stolen from the transport vehicle. This indicates that transporting cash is particularly dangerous for staff, making it a high risk activity.

Safe Work also encourages employers to identify if there are any communication "black spots" and minimise the need for employees to work alone. If this cannot be prevented, workers should be provided with suitable communicative equipment.

3) Take action to control the risk

There are measures that can make cash in transit robberies more difficult to succeed. Hiring trained security guards or using tamper-evident bags can help reduce the risk as well as transfer the responsibility to the cash in transit service provider. 

Nevertheless, the high risk nature of cash in transit results in no one crime prevention practice being a perfect solution. Implementing a combination of practices can help reduce the risk. If your company needs to transport cash, ensure procedures are regularly reviewed, particularly if there are staff changes, in order to ensure they are still effective.

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