Revised CATS Procedure Dec.20161

COMMERCIAL BANK OF ETHIOPIA December 1, 2016
10.4 Cash Handling within a Branch
10.4.1 Cash Limit for Customer Service Officers
The Customer Service Manager and Senior Customer Service Officer-Cash shall
distribute cash to customer service officers as per the cash limit indicated
hereunder for starting the day’s operation and during the day’s operation. However,
the limit set by the branch should not exceed the amount stated hereunder:
Branch Grade
Maximum cash Limit of front Customer Service Officer
Makers
Cash for the start
of the day
Cash in the hand of Customer Service
Officer during the day’s operation
Grade III and IV 150,000 300,000
Grade I and II 150,000 200,000
10.4.2 The Procedure for Opening and Starting the Day’s Operations
The Senior Customer Services Officer-Cash
a) Opens the vault and withdraws there from the cash that will be needed
for the day’s Operations jointly, with Customer Service Manager,;
b) Transfer the amount of cash withdrawn from vault against the
denomination through ‘Vault to till’ transfer.
c) Distributes adequate physical cash in all kinds of denominations to the
Customer Services Officers/Makers;
d) Transfers through the system to the concerned Customer Services
Officer/Maker the required-cash and the petty-cash balance held in each
of the Customer Service officer cash boxes;
e) Hands over the cash box that was kept locked in the vault to each
Customer Services Officer/Maker; and
f) Transfers the closing balance of the cash book of the previous day and the
balance of the day to the cash book as balance brought forward (BBF).
CATS Procedure | 178