In latest weeks, there have been quite a few studies relating to the theft of stokvel golf equipment. A latest incident was reported by The South African the place a girl in Sekhukhune, Limpopo, was robbed of her stokvel funds at her residence. The girl, who resides together with her daughter, was focused at her dwelling. 

Criminals are more and more concentrating on stokvel golf equipment throughout the festive season. It’s suggested that members of stokvel golf equipment prioritise security and train warning relating to funds. Listed here are advisable methods to make sure the security of your cash.

MAKE USE OF DIGITAL PLATFORMS 

In keeping with Feminine Entrepreneurs SA, stokvel members are inspired to make use of secure and safe digital platforms to course of funds. Utilizing digital platforms might imply utilizing your financial institution app, in case you have one, to switch funds.

This can safeguard your cash and reduce financial institution fees, as transferring cash in most banks is free. It’s suggested that cash transfers be made on the final stokvel assembly so when members depart, their cash has already been transferred to them. 

KEEPING QUIET 

It’s advisable to chorus from disclosing particulars about your stokvel upcoming occasions and the dates the place you’ll be assembly. Data can flow into quickly, due to this fact growing the danger of theft. To make sure security, data ought to be disclosed to stokvel group members solely.

AVOID MAKING CASH WITHDRAWALS DURING HIGH-RISK DAYS

In case you are combating utilizing digital platforms for cash transfers or you’re compelled to withdraw cash, do it safely. Keep away from withdrawing money on high-risk days when folks receives a commission comparable to the tip of the month. 

DO NOT CARRY LARGE SUMS OF CASH 

When withdrawing, keep away from carrying massive sums of money with you. For instance, if the whole quantity to your stokvel group is R200 000, don’t withdraw the entire quantity on the identical day. You’ll be able to withdraw R30 000 immediately, perhaps after two days, withdraw one other R30 000 and comply with the sample. 

KEEPING SAFE 

FNB talked about that when a stokvel member has to withdraw cash, they need to guarantee they don’t seem to be alone to keep away from dealing with cash themselves or falling sufferer to theft. Keep away from taking photos of money and posting them on social media. 

Have you ever ever encountered a dishonest member in your stokvel group and what did they do?

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