Pay-Day Safety Tips – Protecting Your Hard-Earned Money
At the ATM:
At the ATM:
- Always stay aware of your surroundings and use well-lit, visible ATMs.
- Never share your card or PIN with anyone.
- Do not write your PIN down or keep it with your card.
- Insert your card only when prompted on the screen.
- Avoid using ATMs with blank screens – find another if unsure.
- Shield your hand when entering your PIN and cover the card slot to prevent card theft or swapping.
- Do not accept help from strangers – criminals often work in teams to distract and steal.
- If your card is retained, contact your bank’s official stop card line immediately – do not let anyone call on your behalf.
- Bank security guards are there for deterrence, not to assist with transactions – speak only to bank staff if you need help.
- Consider setting a daily withdrawal limit for added protection.
Carrying Cash as an Individual
- Withdraw only what you need and carry as little cash as possible.
- Use safer alternatives such as electronic payments, online banking, or mobile transfers.
- Avoid discussing your withdrawals or payments publicly.
Carrying cash for Businesses
- Vary the days and times you deposit cash – avoid creating a routine.
- Keep bank visits discreet; do not display cash or deposit slips openly.
- Avoid using company-branded vehicles for banking, especially on pay days.
- If cash volumes are increasing, consider a professional cash management service.
- Pay wages via secure electronic transfers rather than in public view.
Saving Clubs & Stokvels
- Avoid depositing or withdrawing cash on high-risk days, such as Mondays after month end.
- Ensure two or more trusted members are present for any deposits or withdrawals.
- Encourage direct electronic deposits into the club account rather than collecting cash.
- Arrange for pay-outs to be made directly to members’ bank accounts.
For additional support or guidance, contact 24/7 Security Services:
info@24-7security.co.za / 011 444 2237