Cheque Security Tips
American Express® Gift Cheques are the perfect way to show your appreciation to employees, clients, or business associates. Because they can be used just like cash, having the proper security measures in place to safeguard your Cheque supply is a must. Here are a few guidelines you should follow for security measures:
Ordering and Monitoring
Have one individual responsible for ordering and a different individual responsible for receiving the Gift Cheques.
- Confirm the contents of a Gift Cheque shipment as soon as possible after receipt, and ensure that two employees log Gift Cheque shipments into inventory.
- Have more than one person use the same working supply of Gift Cheques.
- Keep all Gift Cheque inventory in a safe place, where cash is kept, out of reach/access of unauthorized personnel.
- Have two individuals take a regular physical inventory of your Cheque stock.
Security Measures
- Run a complete credit check on employees who are responsible for Gift Cheques every two years and make employee security training a continuous practice.
- Establish inventory limits and adhere to them.
- Above all, remember that Gift Cheques are used as easily as cash.
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