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Currency Counter-Dual Control

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Question: 
I have just received a currency counter. I request my staff to count the cash delivery from Fed, as soon as possible. Get the straps off and ours on. If I allow one staff member to face the currency and run it thru the currency counter, then initial the strap going into our vault, - is this sufficient for dual control?
Answer: 

Where in that process do you see anything "dual" about the control over the cash? Dual control calls for two individuals to be involved so that each of them can watch the other to discourage dishonesty.

First published on 12/16/2018

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