SAPS Warn Stokvel Clubs


If you are a member of a #StokvelClub, advise members of your club of the following TIPS that will assist your club from being victim to cash robberies:
Refrain from making cash deposits of club members’ contributions on high risk days (e.g. Monday after month end)
Ensure persons depositing club cash contributions or making withdrawals are accompanied by another club member
A stokvel, savings club or burial society can arrange for members to deposit cash directly into the club’s account instead of collecting cash contributions
Arrange for the club’s pay-out to be electronically transferred into each club member’s personal account or accounts of their choice.

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