Revised CATS Procedure Dec.20161

COMMERCIAL BANK OF ETHIOPIA December 1, 2016
ii.
If the payee(s) fails to appear to receive a full payment after lapse of
six months of presenting the dishonored cheque.
5. Those account holder who fulfill their obligation shall be deleted from
the dishonored cheque register per the following table ;
Description Status Action
1 st time incident Full settlement of the claim or
blocking of equivalent amount and
has not drawn other dishonored
cheques for the second time at
least for 12 consecutive
2 nd time incident Full settlement of the claims or
blocking of equivalent amount and
has not drawn other dishonored
cheques for the third time at least
for 24 consecutive months
following.
Shall be canceled
from dishonored
cheque register
Shall be canceled
from dishonored
cheque register and
be considered as
clean
I. At account holding branch
The Customer Services Officer/Maker
a) Checks the completeness of the Cheque and the balance of the account in
the system;
b) Forwards the cheque to the customer service manager for further action,
if the Cheque is found to insufficient to cover the value or the cheque is
incomplete for various reasons like difference in signature, amount and
figure in addition to not having sufficient balance to cover the presented
Cheque value.
The Customer Services Manager
a) Checks all the possible credit entries that might have not been posted to
CATS Procedure | 136