Whether it’s a startup retail store or a big commercial enterprise, as long as it draws money, it can be a fresh prey for robbery or theft. This is why companies are taking cash management and security more seriously today. Business owners have become more conscientious in reinforcing cash handling procedures to maintain revenue and survive as a business.

In Bangladesh, OSAC’s 2019 Crime & Safety Report indicated a considerable risk from crime wherein financial scams, vehicle thefts, and petty drug offences comprise the majority of criminal activities in Dhaka and other major cities in the country. Robberies, among others, occur regularly. The Bangladesh Police recorded 68 robberies, 174 burglaries, and 494 theft cases in 2019.

Common conjecture shows that robbers and thieves are easily attracted to small businesses than big ones because bigger industries can mostly afford better security systems. This is why retail businesses like liquor stores, gift shops, mini pharmacies, or a 24-hour grocery shop are often targets of such crimes. Since there is no way to predict a robbery, and theft has no definitive or specific location of interest, it is much better to implement certain preventive measures before these problems occur.

Garda Shield has launched international standard integrated security and risk management services in Bangladesh with an aim to assist business owners in protecting their valuables and gaining peace of mind.

The company specialises in providing cash-in-transit services across diverse industries and vertical markets including commercial real estate firms, financial institutions, manufacturing and industrial facilities, retail shopping centres, residential communities, schools, and government agencies throughout the country.

How does a cash-in-transit service protect your company?

Remember the expression “cash is king”, which refers to the great significance of money to keep a “kingdom” running. Money is the blood flowing through the heart of a business and keeping it alive.

Positive cash flow means a burgeoning business. However, this presents multiple risks especially when you just leave and let your money pile up in your cash register or store safe. The presence of money is undeniably attractive for robbers and thieves who have no predictable preference for time and location but are very diligent opportunists.

Investing in cash security protects your company from these risks. Garda Shield offers various cash-related solutions including safe and secure movement, transaction, and storage of cash, valuables, and bullion by specialized vehicles with trained crews. Their cash management fleet operates with International Standard Threat Level III-rated cash vans. These protective vehicles have specially designed vaults equipped with CCTV cameras & DVR, GPS, alarm system, and fire/waterproof cash boxes.

Their cash management services include:

• Cash in Transit (CIT)
• Secured Vaulting of Cash & Valuables
• Cash Processing
• ATM Replenishment & Reconciliation
• E-Cash & Teller Services

Aside from robbery and theft, there are other factors to consider in understanding how utilising CIT services helps protect your business. Since money is a stunning target for thieves, this means that it can, unfortunately, seduce your employees too. An inside job, misappropriation, and even pilfering is not uncommon in desperate situations.

Moreover, banking or depositing money to the bank on your own puts you at risk while in transit. The same thing can happen when you assign employees for this task, and it does not only expose them to danger but also reduce their productivity when they are out of the office.

Hiring a reputable cash-in-transit provider leaves you, your employees, and your business worry-free. They can pick up your cash at your scheduled date and location, and deposit it straight into your bank account without any hassle. A regularly scheduled cash collection, for example, also keeps your available money in the business location to a minimum.

But despite the prevailing circumstances, cash security measures should be implemented first-hand by the establishment itself to help avoid these risks and keep the business safe. To be successful in one’s goal, you have to be on top of things and to be on top of things means you have to be able to anticipate what the future holds. Investing in cash security will not just keep a business safe, it will help build a circle of trust in the organization, yielding more room for growth and a continuous passion for the company to keep.

For your cash management needs in Bangladesh, you can rely on Garda Shield for secure and high-quality services. Aside from cash-related solutions, their other services include:

• Manned Security Services
• Secure Document Storage & Digital Archiving
• Electronic Security & Safety Solutions
• Facility & Property Management Services
• Security Consultancy & Training

Garda Shield is recognized as one of the fastest-growing companies in the country due to its professionalism, trained and qualified workforce, and a complement of experienced management staff and security professionals.

Get in touch with Garda Shield through tel: +880 1 72 92 GARDA/+880 1 61 62 GARDA/+880 1 84 12 GARDA or send an email to info@gardashield.com for any questions, comments or suggestions.