Revised CATS Procedure Dec.20161

COMMERCIAL BANK OF ETHIOPIA December 1, 2016
j) Compile reports and report to Branch Manager;
k) Receives bond coupon and sales receipt for matured bond coupon
presented for redemption;
l) Prepares payment ticket and forward to customer service manager for
approval.
m) Retain photo copy of the bond coupon.
Senior Branch Controller
a) Checks the completeness of the deposit voucher/account to account form
and it has been credited to bond account;
b) Keeps the Branch copies of issued bond sales receipt by pad under
her/his custody;
c) Checks stock balance against Bond coupon register monthly.
d) Checks calculated interest on sample base.
e) Checks the principal bond coupon amount and the payment transaction.
f) Files and Keep the bond coupon after crossed, written the word ‘paid’ and
payment date and the payment ticket on her/his custody.
9.18 Un-issued Passbook Stocks on Hand
a) All savings passbooks received from supplying organ, as per the requisition
thereof, should be registered numerically in the savings passbook stock
register and kept in the custody of Customer Service Manager;
b) At the time that the passbook is issued, it should be recorded on the register
on the system and delivered to the Customer Services Officer/Checker by
dispatch book for daily use against her/his signature;
c) Before any subsequent supplies of passbooks are issued, the Customer
Services Officer/Checker must account for all the passbooks she/he has
received; and
d) Customer Service Manager should daily check the passbooks handed over to
CATS Procedure | 161