UAE is one of the first gulf countries which adopt a professional security initiative. When Dubai and Abu Dhabi became the regional headquarter and supply chain of the multinational companies, the movement of the high valuables also increased such as gold, diamond, and cash. The reason for that there are many cash-in-transit companies in UAE.
Although most of the private security companies took a license for the cash custodian services there are only a few firms that have been specializing in cash transportation, storage, and security.
Here in this post, I would talk about cash in transit security companies in the United Arab emirates.
What is cash in transit security?
Securing cash or other valuables items when transported from the collection point to the storage area and delivered from the storage area to the client site is cash in transit.
How does cash in transit work?
The largest retail stores, banks, and other business, as well as the jewelry chains, does not keep the valuables in their offices after the business hours.
Cash and valuables items are sent to custodian service providers, which secure cash and valuables and return them to the organization at business hours.
The private security companies in the UAE under the license of SIRA or PSBD provide cash comedian services to the clients.
What does the cash-in-transit security guard do?
- Provide security to the cash or other valuable while transporting.
- Responsible to keep a record of cash and other assets.
- Continuously communicate with the control room of development while transporting valuable on the road.
- Inspect the vehicle before mounting it.
- Make sure the security equipments are in good condition.
- Cooperate with the client’s security guard and other staff who handle cash or valuable.
- Obey the company rules and regulations of your company and comply with the client’s procedure while dealing with them.
- Be vigilant all time and have a plan to deal with unexpected events.
- Do not stop the vehicle unnecessarily.
- Follow the cash in transit procedure at any time including, cash collection point, cash delivery site, and while escorting the valuable on the road.
cash in transit companies in UAE
- G4S SECURE SOLUTIONS L.L.C
- SECURIGUARD MIDDLE EAST – LCC
- SECURITAS UAE L.L.C
- TRANSGUARD GROUP
- MIDDLE EAST SECURITY
- ARMAGUARD VALUABLES MANAGEMENT LLC
- BRINKS GLOBAL SERVICES LTD
Although there are other private security guard companies in the UAE providing cash custodian services, almost all companies and government entities have contracted these companies to handle valuables.
These are therefore the top cash in transit security companies in the United Arab Emirates in the private security industries.