Revised CATS Procedure Dec.20161

COMMERCIAL BANK OF ETHIOPIA December 1, 2016
Bankers’ cheque /CPO/ returned by the beneficiary and endorsed) , the
amount of money in both words and figures are shown and that the
Bankers’ cheque /CPO/ has been signed by two authorized signatories;
b) Identifies the beneficiary/payee on the back of the Bankers’ cheque
/CPO/ and attaches therewith a digital photocopy thereof at the expense
of the branch and authenticates the signatures on the Bankers’ cheque
/CPO/;
c) Verifies the signature on the Bankers’ cheque /CPO/against CBE’s
Signature management system;
d) Takes the customer thumb print in the presence of two witness one from
the bank officers and the other from the customer side, if the customer is
blind; If the customer is unable to present a witness from his side the
Customer Service Manager/Branch Manager shall sign as a witness and
the Customer Service Officer affixing thereto a rubber stamp that reads
“Signed before me.”
e) Effects payment if the amount to be paid is within her/his paymentauthorization
limit and puts a stamp marked “Customer Services Officer”
and her or his initials on the back side of the Bankers’ cheque /CPO/; and
f) Passes the Bankers’ cheque /CPO/to the concerned Checker or to
Customer Service Manager for authorization ,for any amount of money
over and above her/his payment-authorization limit,
The Customer Services Officer-Checker/Customer Service Manager
a) Makes sure that the Bankers’ cheque /CPO/ is properly presented—that
is, that the date on which it was issued, the name of the issuing branch,
the full name of the beneficiary/payee and the amount of money (in both
words and figures) are correct and gives authorization for the payment
thereof based on the limit set thereof; and
b) 0
c) Makes sure that a copy of the customer’s ID card is attached to the back of
the Bankers’ cheque.
CATS Procedure | 112