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Revised CATS Procedure Dec.20161

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COMMERCIAL BANK OF ETHIOPIA December 1, 2016<br />

CBE to supply goods and services with special discount for holders of the<br />

women saving account for a specific duration.<br />

66. Tailored service –shall refer a special service provision extended by the<br />

bank to High value customers; such as assigning the bank’s employees in<br />

high value customers’ premises to perform daily banking operation based on<br />

their working relationship and contribution to the profitability and financial<br />

resource mobilization to the bank.<br />

67. Teen - Youth saving account shall refer to minors saving account with a<br />

higher interest rate opened for those individuals found between the ages of<br />

14-17 years.<br />

68. Till number: shall refer to identification number that identifies the staff<br />

involves in cash related tasks on the core banking system.<br />

69. Till to Till Transfer: shall refer to the transfer of cash from Customer<br />

service officer-Makers (at front) to senior customer service officer-cash or<br />

vice versa through the system.<br />

70. Till to Vault Transfer: shall refer to the transfer of cash from the senior<br />

customer service officer-cash to Vault through the system.<br />

71. Union: shall mean a group composed of more than one primary cooperatives<br />

societies that have similar objectives.<br />

72. Vault to Till Transfer: shall refer to the transfer of cash from the Vault to<br />

senior customer service officer-cash through the system.<br />

73. Verification of signature: shall refer to the checking of the signature with<br />

naked eye without sending the document/instrument to external forensic<br />

department.<br />

74. Women saving Account: shall refer to a type of saving account designed for<br />

women.<br />

75. Youth saving account: shall refer to a type of saving account designed for<br />

those individuals aged between 18-24 years old.<br />

<strong>CATS</strong> <strong>Procedure</strong> | 9

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