Revised CATS Procedure Dec.20161

COMMERCIAL BANK OF ETHIOPIA December 1, 2016
“Signed before me.”
f) Effects payment to the beneficiary/payee after authorization; otherwise,
the transaction should be directed to the Customer Service officer–
Checker or customer service Manager, based on her or his authorization
limit; the amount to be paid is within her/his payment-authorization
limit,
The Customer Services Officer-Checker/Customer Service Manager
a) Receive customer ID, Foreign remittance application, Print out and makes
sure that the transaction is correct and authorize, co-signs on the cashpayment
ticket with in her/his authorization limit.
The Branch controller
a) Receives the Foreign remittance application and print out from the
Customer Service Officer-Maker;
b) Ascertains all the particulars on the foreign remittance application and
print out are identical and check the customer sign on the foreign
remittance application and print out; and check the transaction on the
system.
c) File and Keeps the payment ticket under her/his custody.
7.5 Bankers’ cheque (Cashier Payment Order (CPO))
7.5.1 Bankers’ cheque /CPO/payment to the beneficiary or to the
Purchaser
The Customer Services Officer/Maker
a) Receives the Bankers’ cheque /CPO/ and the ID card from the customer
and makes sure that the Bankers’ cheque /CPO/ properly presented—
that is, the date on which it was issued, the name of the originating
branch, the full name of the beneficiary/payee or to the purchaser (if the
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