The new cash law, which came into effect on October 1, requires stores to accept cash, which may lead to increased handling of cash in many businesses. With more cash in circulation, it is crucial to have robust security procedures in place to protect both employees and assets.
Here are some important factors to ensure safe handling of cash in your store.

1. Secure Storage of Cash

Effective storage of cash is essential for any store. Install secure cash drawers or safes for cash storage, and consider using cash drawers with automatic closing features. This helps create a safer workplace by protecting against any unwanted incidents. It may also be beneficial to have an alarm and surveillance system for added security.

2. Procedures for Counting and Reconciling

It is important to establish clear procedures for counting and reconciling cash to ensure accuracy. Frequent counting and systematic recording of transactions will help maintain an overview of cash holdings. Implementing modern cash handling equipment can streamline processes, reduce errors, and ensure correct recording.

3. Safe Transport of Cash

When transporting cash from the store to the bank, it is important to have effective security procedures in place. Consider collaborating with professional operators who specialize in the secure transport of cash. This will not only ensure that assets are handled properly but also provide employees with peace of mind during the process.

4. Protection Against Robbery and Fraud

To prevent robbery and fraud, it is important to have a comprehensive security system in place in the store. Implement surveillance cameras and alarm systems to enhance security. Additionally, cash handling systems that verify bills and detect counterfeit notes can help reduce the risk of fraud and ensure a safer payment process.

5. Employee Safety and Well-being

Focusing on employee safety in connection with cash handling is essential. Clear instructions and procedures will help create security in the workplace. Implementing procedures for secure cash settlement and transport can further enhance safety and well-being at work, which in turn will have a positive impact on customer service.

With the new cash law, it is more important than ever to have good routines in place for the secure handling of cash. By investing in solid security solutions and effective cash handling systems, stores can ensure that assets remain safe while also complying with the law's requirements. This contributes to a safe workplace for employees and a positive experience for customers.