Cash and Valuables in Transit
Cash and Valuables in Transit (CVIT) companies are involved in transporting, storing and sorting cash and other valuables, typically for retail and financial organisations. They play a vital role in replenishing and protecting cash supplies for the business world and the wider community, keeping the economy running.
CVIT operatives are now licensed under the Private Security Industry Act, adding to their high standards of training and security. A range of CVIT services are available to suit the different needs of small, medium and large companies.
Due to the nature of the CVIT service unfortunately crime is a real challenge. The industry invests a huge amount in security measures to combat robbery and new technologies are constantly being explored. Information about the BSIA and GMB joint campaign entitled Combatting Cash Delivery Crime can be found by clicking here.
A major focus of the BSIA’s work involves liaison with the Police to ensure effective intelligence gathering, collation of up-to-date statistics and valuable joint initiatives.
Police liaison and intelligence sharing is facilitated through the BSIA's SaferCash service, funded by members of the CVIT Section to reduce the number of attacks on cash-in-transit couriers through the effective sharing of intelligence between the cash in transit industry and Police forces nationwide.
Find out more about SaferCash online.
The BSIA's successful Cash and Valuables in Transit Section HR Forum plays a key function in addressing employment and careers issues in the industry. The group meets regularly to discuss changes in employment law, share best practice and debate topical issues.
To find out more about CVIT HR Forum, email the BSIA's Daren Wood.
View a list of the member companies operating in the Cash and Valuables in Transit sector
View the latest Cash and Valuables in Transit sector publications