Cash-in-transit security has become essential for every business owner, be it a bank, corporation, or financial institution. Cash-in-transit security is needed to safely transfer money, jewelry, or any other valuable item to reduce the risk of theft or loss.
The cash-in-transit security guard is hired to make sure the valuable item is safely moved from the place of origin to the right destination. This tends to increase business efficiency and also reduces the risk of loss. The security guard aimed for this purpose is well-trained and armed and ensures the safe transport of the valuable asset.
This blog will share the practices and protocols that are important for cash-in-transit security, let’s have a look at them one at a time;
The first and most important thing before transporting a huge amount of cash is to assess the risk, to do so the route chosen to transfer the money should be assessed closely and the security guard appointed for the purpose should be trained enough to tackle with any unforeseen situation.
Risk assessment is conducted to minimize the chances of loss or damage to the asset to be transported. The security guards are skilled enough to evaluate any potential risk like hostage, work stress, or injuries associated with handling.
Choosing a reliable vehicle for cash transport is important. The vehicle chosen for transporting the cash should be well-maintained with a secured compartment or locker to keep the money safe and out of sight if the car gets caught by a robber.
Some people prefer transferring money on a cycle to keep a low profile and avoid any chance of suspension. One important thing to keep safe is to blend in the traffic and avoid using high-tech vehicles, GPS tracked vehicles can give a sign to robbers so it’s better to keep a low profile to avoid being caught.
The right personnel selection and providing them with the right skills and training is of utmost importance for cash-in-transit security. The security guard is trained to tackle any unexpected situation and to make smart decisions in case of an unwanted event.
The security guards are well aware of the surroundings, they keep track of their route and report immediately if any suspicious vehicle or person is seen following them. The trained personnel pick the route smartly and avoid repeating the same route because routine is the enemy of security. Switching between routes can be really helpful to keep the robbers confused.
Route planning and management are crucial, the route chosen for the cash transport should be closely evaluated to avoid any risk of loss or damage. It is always recommended to avoid using the same route repeatedly, the same routes make it easier for the robbers to follow.
Also, any route chosen should be assessed closely to make sure it is safe for cash transport and does not have a risk factor associated with it.
Cash handling procedures are the SOPs created to make sure the transaction of cash takes place safely and soundly. The first of all is creating a detailed plan and a backup emergency plan in case of an unexpected situation. The vehicle chosen should be in perfect condition, it is always recommended to choose daytime for the cash transit.
The most important all is to blend in with the general public and avoid using anything that can give robbers a sign that you are carrying money.
In the event of any unforeseen accident, transport security guards maintain a chain of command. Until the law enforcement agencies have arrived, the security guards responsibly maintain the situation at the place. They are capable of handling any sort of unpleasant situation and overcome the threat.
Once the authorities reach the scene, then they take over the scene and complete all necessary protocols which are needed to be taken place.
The security guard appointed for the cash transit should be trained to deal with unforeseen situations and act smartly if any emergency takes place. Cash Transport guards are trained for different situations which can take place in their job.
The guards are highly skilled and trained to quickly defuse any unpleasant tension and provide emergency response. The response results in less risk of escalation or minimizes damage/loss of property. Guards also contribute to medical emergencies can provide first aid which can result in the saving of valuable lives.
Contact AB Securitas a security company in Bangladesh for cash-in-transit security in Bangladesh.
Editorial staff’s are at AB Securitas Bangladesh are experts in security guard services in Bangladesh.