Revised CATS Procedure Dec.20161

COMMERCIAL BANK OF ETHIOPIA December 1, 2016
returned unpaid due to insufficient fund. The register on the system
should contain the following headings in each column:
i. The date and time when the Cheque was presented at the branch
for payment;
ii. The name of the account holder, including her or his
grandfather’s name;
iii. The account number;
iv. Her or his address and/or telephone number;
v. The date on which the Cheque was issued;
vi. The Cheques number;
vii. The name of the payee/beneficiary;
viii. The amount of money specified on the Cheque;
ix. The balance in the account at the time the Cheque was presented
at the branch for payment;
x. The action taken by the branch, which could be any of the
following three as per the pertinent directive of the NBE:
1. First warning letter served on ………
2. Second warning letter served on. ……and charged Birr…
on...
3. Account closed on………..
The Branch Controller
a) Receives the documents from the customer service manager and checks
them for compliance with this procedure and relevant directive of the
NBE and then files on the customer mandate file.
II. Insufficient fund Cheque presented to other branch
(Located in other city other than the account holding branch)
When a Cheque presented in other CBE branch from account holding branch, which
CATS Procedure | 138