Revised CATS Procedure Dec.20161

COMMERCIAL BANK OF ETHIOPIA December 1, 2016
The Customer Service Manager
a) Opens the vault and withdraws there from the cash that will be needed
for the day’s operations jointly, with the Senior Customer Services
Officer-cash,;
b) Writes the cash withdrawn from Vault by denomination on the bound
book and make the senior customer service officer-cash put his signature
on it as acknowledgment of receiving the cash.
c) Authorize vault to Till Transfer;
d) Assigns Customer Services Officers/Makers who will assist and facilitate
the cash operation at the counter and at the master table (where the
Senior Customer Services Officer-Cash is working) ;
The Customer Services Officer/Maker
a) Collects the cash box from the vault when it is opened in the
morning;
b) Opens the cash box in front of the Senior Customer Services Officer-
Cash to confirm the existence of petty cash (the cash leftover in the
box from the previous day), together with the personal cash
brand/stamp;
c) Takes the cash box to its cage, and verifies the amount of the petty
cash transferred through the system against the previous day’s
record and accept/authorize;
d) Collects the cash from the Senior Customer Services Officer-cash and
checks all the complete bricks to ascertain that each one of them
contains 10 bundles and that all of them have been wrapped;
e) Makes sure that the signatures or the initials of the Cash Counter and
the Verifier have been affixed to the bundle. Notes of Birr 50 and Birr
100 are to be accepted only by carefully counting each one of them;
CATS Procedure | 179