Revised CATS Procedure Dec.20161

COMMERCIAL BANK OF ETHIOPIA December 1, 2016
The Senior Customer Services Officer-Cash
a) Accepts the cash surrendered by the Makers, ascertains the correctness of
the denominations of the total cash and acknowledges receipt of the cash
by authorizing the ‘till transfer’ on the system;
b) Ascertains the correctness of the cash balance of the maker in the system
above the petty cash left in the maker box against the till transfer to
her/him; (i.e. the customer service offices shall not keep a till balance
more than birr 20,000.00)
ii.
The Day-End Closing
The Customer Services Officer/Maker
a) Amalgamates the cash in her or his hands in bundles and loose notes,
sorting it by its denominations, and balances the overall cash as follows:
(Refer form CBECATS201)
Beginning balance + cash received from customers + cash received from
the vault (the Senior Customer Services Officer-Cash) - cash paid to the
customers – cash sent to the vault = cash on hand/ Petty Cash
b) Transfers to the Branch Controller the remaining deposit and payment
vouchers in her or his hands,;
c) Balances and transfers to the Senior Customer Services Officer-cash in
two steps first the total amount, which will be transferred to the table,
and secondly the petty cash balance, which will have to be kept in the
cash box overnight and make a ‘Till transfer’;
d) Submits to the Senior Customer Services Officer the cash box and locks up
the cash box in the vault.
The Customer Services Officer/Maker (at the cash table)
CATS Procedure | 183