Answer by Andy Zavoina:
208.61(c)(2) lists required security devices. Bait money, while possibly being a part of your policy, is not on this list.
Answer by Dana Turner:
Please search the Security Forum threads for "bait money" for a variety of questions and responses about this topic. Andy's correct -- there is no such requirement. Many of us in the security field suggest that you might like to do away with bait money -- and "bill traps" -- entirely. I believe that there are better things for you to do than chase the bills -- and bait money only contributes to less than 1% of all bank robbery captures (according to the FBI).
First published on BankersOnline.com 9/15/03