Before the advent of cars, cash was often ferried in other ways, such as by horses and carriages, ships, and in trains but with security guards to protect it. Oftentimes, valuables were hidden on-person to ensure safe-keeping, which, if you were carrying a lot of coins, could be burdensome to the person.
The very first idea of an armored vehicle was from the great Leonardo da Vinci, who drew an armored war vehicle back in 1485. While the idea was impractical (it consisted of a wheeled platform with cannons that would shoot would-be robbers), the idea stuck. But it wasn't until 1910 that the first armored cars were built that meant to be operated as mobile banks. Rolls Royce built upon this idea and built an armored car for the British military in 1914. This vehicle was so successful in World War I that the demand grew. Pope Pius XI was one of the first to travel in an armored car for protection.
ARMORED CASH TRANSPORT TODAY
Armored cars today are mainly employed in cash or valuable transport. Banks employ armored cash transport companies to ferry money from businesses to them and back again. Armored cash transport also helps many businesses with their cash management systems. In sum, these vehicles help businesses do their banking by bringing the cash to them that they need, and taking cash to be deposited to where it needs to go. Many cash-in-transit companies are part of the private security industry and are regulated. They also transport other items besides cash, such as precious metals, gemstones, diamonds, and other valuables that, if fallen in the wrong hands, could be troublesome, such as debit cards.
Outside of the obvious armor that is bullet proof that the vehicle is made from, the inside often features security cameras and safes. Some even have smart safes where extremely valuable items are kept, such as one-of-a-kind jewelry. These can usually only be accessed by certain personnel.
HOW MONIFY HELPS WITH ARMORED CASH TRANSPORT
Monify offers smart safes, which are small safes that can be installed in small businesses that help them manage their cash. They count money, dispense money, and can track each individual who accesses the safe and how much they are depositing or withdrawing. They help to eliminate human error, and they offer a safe storage place for small businesses to keep their cash. In essence, these smart safes offer an efficient cash management system for small businesses. Many armored cash transport companies use these as well. Connect with Monify to learn more today!