Vault Dual Control Opening

Dual control isn't optional - it's the law. Both authorized vault custodians must be physically present before any vault access. If your partner calls in sick, contact your supervisor immediately to arrange a substitute. Never open alone, no matter how busy the morning is. Both custodians should verify: - Each other's identity - Authorization status is current - No signs of duress or coercion

Before touching anything, look around. Check for signs of tampering, unusual marks on the vault door, or anything out of place. Look at the time-lock mechanism - is it showing the correct time? Check that surveillance cameras are operational. Red flags to watch for: - Fresh scratches or tool marks - Disabled cameras - Unusual odors - Door slightly ajar If anything looks wrong, do NOT proceed. Call security immediately.

Each custodian enters their portion of the combination. Most vaults require two separate combinations or a split combination. Neither custodian should know the other's numbers. Process: 1. Primary custodian enters their combination 2. Step back so secondary can't see the dial 3. Secondary custodian enters their combination 4. Both verify the vault is ready to open If either combination fails, wait 5 minutes before retrying. Three failures may trigger a lockout.

Both custodians should be present when the door swings open. One person operates the handle while the other observes. Check the interior immediately for anything unusual. Once open: - Turn on interior lights - Check that cash is in expected positions - Verify coin bags and cash carts are present - Note the time of opening in the vault log

Fill out the vault opening log completely. This is your proof that proper procedures were followed. Regulators will review these logs during examinations. Log must include: - Date and exact time of opening - Names of both custodians - Visual inspection results - Any anomalies noted - Both signatures Per FDIC examination guidelines, incomplete logs can result in findings against the bank.