Why is meticulous cash counting important for tellers?

Meticulous cash counting is essential for tellers because it ensures accuracy and prevents losses. Each transaction involves a significant amount of money, and any errors in counting can lead to discrepancies that may result in financial loss for the bank or the customer. By carefully counting each bill and coin, tellers can confirm that the amounts being dispensed or deposited are correct. This practice safeguards against theft, mistakes, and the potential legal and reputational implications that could arise from financial inaccuracies. Ensuring precision throughout various transactions fosters trust and reliability between the teller, the bank, and the customers, which is fundamental in banking operations.