Cash may be bought or sold between the following drawers:
 

• Teller drawer
• Vault 
• Cash dispenser
• Teller Cash Recycler (TCR)

The  procedures must be completed each time a drawer to drawer cash buy/sell transaction occurs, no matter the amount of the transaction or the time of day the buy/sell occurs.

See Teller and Office Cash Buy/Sell General Ledger for additional information.
 

ALL transfers (buy/sell/exchange) of currency and/or coin in any amount (single bills, coin, half strap, and bundle) must be processed in the system drawer as a Cash Buy or Cash Sell between the two drawers.

 

Note: Buy/Sell transactions processed by a Lead Teller (LT) (Single Control Vault) from their Teller Drawer to the Vault Drawer do not require a dual control signature. 

Each associate must process their respective buy/sell transaction. To buy/sell/exchange currency and/or coin, do the following:

 

1. In Xperience > Teller Processing, use Speed Keys O Buy Cash and P Sell Cash. 
2. In the Instrument field, enter the Drawer #. 
   
3. List the exact denominations bought and sold for each system transaction and hit F6 to print a receipt listing the denominations and total.
   
4. Click OK.
5. On each buy/sell receipt, dual signature (first initial, last name) are required. 
6. Ensure the writing is clear, concise, and placed on the back of the receipt.

Note: Each buy/sell receipt with denominations and totals (F6 or hand written) must be completed within 30 minutes or less of one another and contain dual signatures (first initial, last name).

A dual control piece count of all currency/coin must be conducted on unassigned drawers when adding or removing currency. Dual Control Piece Count is required on the following drawers:

• Teller drawer / working cash drawer
• Vault 
• Cash dispenser
• Teller Cash Recycler (TCR)

If, at the time of a Drawer to Drawer transaction, both associates fail to practice dual control and count currency/coin, then both associates assume any potential overage/shortage losses and may or may not be considered as recoverable based on a final assessment by Retail Support.

When completing a dual control piece count, ensure the following:

• The receiving associate must re-strap or unstrap all currency prior to placing currency into a teller drawer.

• The receiving associate must sign (first initial/full last name) any strapped currency.

• Count currency bought by the working cash drawer under dual control.
  • Currency bought by the working cash drawer can be kept in the seller's strap for preparation to sell to the vault.
  • These straps must be kept segregated from the cash of the working cash drawer. 
  • If the straps are co-mingled with the working cash drawer straps, they can't be sold to the vault without being re-strapped and recounted under dual control.

• Once this currency becomes part of their working drawer supply, the currency must be re-strapped and contain the associate's signature (first initial/full last name).

• Currency sold to the vault drawer must contain the selling associate's teller stamp and signature (first initial/full last name). 
  • The LT (Single Control Vault) or Acting Vault Custodian (Dual Control Vault) must initial the strap confirming dual control piece count.

• A LT (Single Control Vault) buying/selling from the vault to their drawer does not require dual control piece count.