Bank Vaults safety checklist
No.
Question
1
Are all the Safe/Vault present in the Bank either fixed with the Walls or Floor, to prevent removal?
2
Do cash receipts issued by the Safe/Vault custodian for all the received cash, and all the receipts kept in the Safes/Vaults?
3
Are all changes for the Safe/Vault key or combination by the custodian recorded with the date and time?
4
Are any duplicate Keys and Combinations exist for Safe/Vault?
5
Is any written procedure to access duplicates documented and available? If yes, do the staff following the process?
6
Is information recorded whenever duplicate keys or combinations enter or out the Safe/Vault?
7
Are all the movements of Cash to and from the Safe/Vault recorded in a Cashbook?
8
Are all the entries in the Cashbook and Receipt recorded both in numbers and words?
9
Are all numbers in the Cashbook and Receipts matches with the words?
10
Are all Receipts of the Receipt Book arranged in ascending numeric order?
11
Are all Receipt forms to receive cash have three segments to fill? And is the Final copy remains in the Receipt book?
12
Are all Cash in the Safe/Vault arranged denomination-wise, properly sealed, and with amount label on each bundle?
13
Are the total cash received in a day reconcile with the sum of recorded amount in the Cashbooks, the Cash Journals, and the daily Cash Position Register?
14
Did a daily random check happen for at least 50% of the transaction in the Cashbook to confirm the transaction happened correctly?
15
Is more than one Custodian present at the time of opening the Safe/Vault?
