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Cash Management

If you are thinking about sending money to a friend, family member, neighbor, or someone else that you know, there are many different ways that this can be done. With all of the new advancements in technology today, you can use electronic banking applications to assist you with these cash...
The USA has no restrictions on the amount of cash you can bring on domestic flights. To prevent money laundering, the cash limit for international travel to the USA (and other countries) is $10,000 USD (or an equivalent). Overall, if you're traveling with more than $10k, cash seizure...
If the bank accidentally deposited money into your account, the money isn't yours The only time you can keep an 'unexpected' deposit is when the money was intended to be deposited into your account. So, if the deposit was made mistakenly, you aren't allowed to keep...
If you want to spot a fake $20 bill, use these methods: Check watermarks & color-shifting ink Use magnifying glass Use a light source Rely on common security features Check registration Give it a 'feel' Bad-looking Ben? Take it to the bank What if you had a twenty-dollar bill in...
Money is an indispensable commodity- though we're seeing the emergence of a cashless society. Learning how to count money fast is an essential skill- usually important to cashiers or retail business owners. Counting a ton of cash and coin can be confusing- especially if you get distracted and screw up the...
Use the following to prove that cash is income: Invoices Statements on taxes Official letters from the people who pay you or agencies that contract with you or your services Keep a duplicate receipt ledger. Give one to each customer, and keep one for your records. Use the following to...
People can do some interesting things with technology and time. While technology makes it easy to make and print some documents from home there is a downside to this. People are able to use this technology to make fake money. They use it to impersonate real $100 bills and...
Cashier theft is one of the most common problems in retail. The consequence of this crime can be really high for the company. This article will describe how to identify cashier theft techniques. Cashiers are generally in contact with shoppers in close proximity, making it difficult to see when they...
Foreign, Non-Mauritian citizens are able to open a bank account in Mauritius- they're generally allowed to open a savings account for internet banking, transfers, and withdrawals (Source) With a savings account, you'll get a debit card so you can use ATMs as well as make direct debit payments ...
Bank coin bags are useful for companies that handle and transport coins. Because coins are heavy and difficult to store, it can be costly to handle them. A coin sorting machine or a money counting machine can help you count up your currency, but when it comes to transporting larges...