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Who Should You Trust for Your Bank Runs?
05 July 2016
who delivers your company’s takings to the bank is a major decision
– one that you have to think over carefully. Before you make a
decision, however, you need to understand a little bit about
are Cash-in-Transit Services?
in transit services are available in three basic forms. The following
definitions narrow down the primary ways money is collected and
deposited in a business' account.
- Cash Collection or Courier Services
first service is cash collection or courier services. This service
provides cash pick up of your company’s takings and deposits into
the bank. The collection service also involves the pickup and
delivery of cheques. Service is usually provided anytime, day or
night, 7 days a week.
- Cash Delivery or Change Order Services
second cash in transit service is cash delivery, also known as a
change order service. The courier picks up the cash from the bank and
delivers it back to the company.
- Cash Counting
third specialised service is cash counting. This type of specialist
service involves picking up the cash and counting it before it is
deposited and transferred to the customer’s bank account.
Services Are Scheduled
can be used on an ongoing basis or as required, and companies can
also provide after-hour services for special functions, fetes or
a Decision for a Cash-in-Transit Provider
make sure you receive excellent bank delivery services, make sure you
have access to each of the above cash in transit services and that
each service is available for use 24/7. You also need to go with a
courier that features offices throughout Australia. Cash in transit
services should be available in such major locations as Adelaide,
Brisbane, Perth, Canberra, Sydney and Melbourne. The people who
perform the work should be licensed and insured as well.
Sure the Company Offers the Following Amenities
to find a service that will not lock you into a contract. Make sure,
if you are not pleased with the service, you can cancel your bank
runs at any time. Customers should be able to book and cancel cash
pickups, submit orders, download copies of their courier’s
insurance plan and verify the IDs of couriers online.
Apparel Should be Inconspicuous
a company that requires its couriers wear plain clothes and drive
unmarked vehicles. The security provider should be well-respected in
the logistics field, not only for its expedient delivery but for its
high level of security.
a Provider that Offers High-Level Affordable Services
company you select should be affordable. It should be able to work
within the budgetary parameters of your organisation. Again, make
sure the service can manage your banking and change order services
over a wide geographic locale. Couriers should always maintain their
own insurance cover. Otherwise, you should look elsewhere for a
for a Flexible Provider
is another key component to seek. Being able to have your banking
collected on the days you choose or having the option to cancel or
change pick-up dates is essential in streamlining the running of your
the Courier Use Today’s Technology?
utilise the services of a company that support today’s technology.
You should be able to go online at any time to book and cancel
pickups, download contractor insurances copies, submit change order
requests or verify a courier’s ID.
such as Secure Cash meet the above-stated criteria. Take a look at
the company's banking
delivery services to see how you can enhance the financial side
of your business.