Revised CATS Procedure Dec.20161

COMMERCIAL BANK OF ETHIOPIA December 1, 2016
e) The staff assigned to collect the cash and hands over the letter to the
Branch Manager/Customer Service Manager who will have to then direct
it (the letter) to the Senior Customer Services Officer-Cash;
f) The Senior Customer Services Officer at branch arranges the cash to be
dispatched, in accordance with the handing and taking over form thereon;
The Senior Customer Services Officer-Cash (At NBE Issue account
holding branch)
a) Counts especially Birr 50 and Birr 100 notes carefully;
b) Makes sure that bundled-up Birr notes that value less than Birr 50 each
are wrapped up and that the signatures of the pertinent personnel have
been affixed to their wrappers;
c) Makes sure that the bundles have been rearranged in bricks;
d) Compares the total amount of the cash with that on the handing and
taking format and thereby ascertains the correctness thereof;
e) Signs on the handing and taking format and affixes thereto a teller stamp
to acknowledge receipt of the cash; and
f) Puts the cash in a safe box and locks it up or nails it shut and does the
necessary arrangement for transporting it safely, by having it escorted by
the security guards assigned for the purpose.
10.3 Security Precautions
a) Cash consignment from one branch to another and from the Issue Accounts
to the branches shall always be escorted by security guards, if a branch has
no security guard of its own;
b) If the distance to be covered requires an over-night stay on the way, it shall
be planned in such a way that the town where the night is to be passed shall
be preferred for the safety of the cash.
c) Whenever possible, a trip with cash after sunset or before sunrise shall be
avoided.
CATS Procedure | 176