Revised CATS Procedure Dec.20161

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COMMERCIAL BANK OF ETHIOPIA December 1, 2016 III. The inner envelope is also properly sealed, stamped with stamp of the respective organ and marked “combination-code” c. Code numbers for Tellers’ Cash box or duplicate keys must be with the Branch Manager; and the sealed envelopes should bear the names of the user branch and person clearly and marked with phrase “Combination codeconfidential” on the envelopes. 9.20.3 Loss, replacement a. The individual key holders should immediately report the loss of keys in writing to their immediate supervisors ; b. Those in custody of duplicate keys upon receipt of loss reports-must immediately supply the duplicates to the concerned Branch /individual ; c. All costs and expenses that are incurred as a result of a key or keys replacement or the change of a locking-device will be paid by the employee who lost the key or keys. d. Lost strong room door or large safe key must be totally replaced by a new one at the expense of those responsible. CATS Procedure | 165

COMMERCIAL BANK OF ETHIOPIA December 1, 2016 10. CASH OPERATIONS 10.1 Cash handling between NBE and Cash custody and issue The account held for NBE should be known as “cash held for the Currency Management of the National Bank of Ethiopia.” This is maintained by various CBE branches authorized to hold cash for the NBE. The account is: a) Debit for any amount of money lodged to it, and credit for any amount of money withdrawn there from and transferred to a bank. b) Furthermore, these branches have been authorized to withdraw from the CBE any amount of cash that is unfit for re-issuance or that is in excess of the amount considered adequate for their respective requirements. c) Both the withdrawals and lodgings of cash from these accounts ought to be in components of Birr 50,000.00. It is, nonetheless, imperative to post the transaction on NBE system by specifying amount and the denominations of the Birr notes lodged into, or withdrawn. d) To make sure that requests are lodged accordingly and promptly to the NBE, CBE’s branches are required to make a thorough assessment of their cash position well ahead of time and thereby know when the amount of the cash in their possession will decrease or increase. 10.1.1 Cash Withdrawal from NBE a) Cash withdrawn from the "cash held for the National Bank of Ethiopia" for starting the day’s operations should be recorded in the bound book and a signature must appear on the space provided for that purpose. The denominations of the cash withdrawn should also be clearly disclosed in the bound book. b) Each withdrawal should be shown on the stock card kept for the purpose. c) Pass the necessary entry in the NBE system. CATS Procedure | 166

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Revised CATS Procedure Dec.20161

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