Revised CATS Procedure Dec.20161

COMMERCIAL BANK OF ETHIOPIA December 1, 2016
c) Checks that it bears the stamp of the Customer Services Officer-maker
and that she or he has put her/his initials on the face of the cheque ,if the
cheque is meant to be paid in cash,
d) Makes sure that the cheques have been endorsed by the beneficiaries
thereof; and
e) Files and Keeps the payment instrument and the relevant documents;
7.1.1.2 CBE Cheques/Bankers’ cheques collected by other banks
(Incoming Cheques or Bankers’ cheque /CPO/s)
When CBE cheques/Bankers’ cheques deposited in other banks, the other
bank sends the cheques/Bankers’ cheques on collection basis for clearance
by scanning the image on the EATS. The original instrument for clearance in
should be sent with along with image and transaction in the absence of the
Cheque truncation system.
Senior Customer Account and Operation Officer at ATS
a) Produces a report from the system for cheques to be received from other
banks;
b) Appears at the clearing house of the NBE with a list of cheques that CBE
representative should receive from other banks;
c) Collects the cheques drawn on CBE branches and prepared by each bank,
together with “Form A”;
d) Balances the total value of the received cheques against the total balance
shown in form A and ‘Outgoing ATS report’;
e) Submits the collected cheques from other banks to Customer account and
Operation team for further processing; and
f) Delivers all the returned cheques to other banks at the clearing house.
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