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I guess it depends upon the crime rate in the local area. Realistically, at the time, I'd be carrying between $500 to $1000 in my pocket, cash, from delivery p
by bbarnett 6y ago
I guess it depends upon the crime rate in the local area.
Realistically, at the time, I'd be carrying between $500 to $1000 in my pocket, cash, from delivery payments.
And usually -- from 11am to 2am, it was very slow. Generally one person in the pizza place, in a strip mall, with every other business closed. It would be just as easy to walk in, and demand the cash then.
- Arnt 6y agoYes, the crime rate. The bank has trained people to check the cash being paid in, has a vault in each branch office, and trucks+staff for transporting cash between branches, and insurance premiums on losses during storage and transport. The insurance agency's premiums will depend on the typical losses and on how much money the bank spends on checking and guarding the money, and all of those will tend to vary with the crime rate. If there are more forgeries around, the banks need to either spend more on detecting them, spend more on insurance against losses relating to forged money, or encourage customers to use electronic transfers.