Revised CATS Procedure Dec.20161

COMMERCIAL BANK OF ETHIOPIA December 1, 2016
b) Receives the deposit/withdrawal voucher with passbook from customer
service officer and authorize the transaction regardless of the amount.
Branch Controller
a) Receives the withdrawal voucher from the Customer Services Officer-
Maker as soon as the transaction committed;
b) Ascertains the proper completion of the voucher—that is, makes sure
that the date on which it was written, the name of the account holder, the
account number, the amount of money in both words and figures and the
signature of the account holder appear on it;
c) Makes sure that entries are passed on to the appropriate account, that the
initials and the stamp of the Customer Services Officer/Maker are put on
the withdrawal voucher;
d) Files the withdrawal voucher after ascertaining their correctness and
keeps the files in her/his custody.
9.2 Handling of Cash Indemnity Account
This account shall be debited:
a) To recover a shortage when a staff, entitled for cash indemnity, performing a
cash transaction and evidenced by Audit report,
b) To effect payment after one year for a staff entitled for cash indemnity
transferred into another post or terminated his/her employment contract.
9.2.1 Cash indemnity account opening
The Customer Services Officer/Maker
a) Receives instruction from Customer Service Manager/Branch Manager to
open Cash indemnity account in the name the staff entitled for cash
indemnity.
CATS Procedure | 126