Revised CATS Procedure Dec.20161

COMMERCIAL BANK OF ETHIOPIA December 1, 2016
d) Transmits the message to the concerned branch.
The Senior Customer service Officer
a) Encodes the message to be transferred to the offline branches;
b) Receives the instruction for settlement and the returned checks from the
correspondent banks;
c) Ascertains that the credit entry and the transactions related to it are
proper in the concerned correspondent accounts and forwards the
ascertainment to the Maker; and
d) Does follow-up on the timely settlement of the OBP/OBC.
11.2 Foreign Incoming Money Transfer
Inward-money-transfer messages are usually received via SWIFT or through money
transfer agents i.e. Western Union, Money Gram,,Dahabshii, Xpress, Golden money
Transfer, Blue Nile, World Remit, African Exchange, Rahel Money Transfer, T & Y
money transfer, Alante Micro finance, Atlantic international, Air Speed, PACO
Service, LARY Exchange, etc. Occasionally, however, payment instructions could be
received through Fax message or e-mail, or by browsing through the system
depending on the arrangement made earlier between the Bank and the sending
party.
While receiving foreign-incoming-money-transfer messages, the following
procedure shall be followed;
11.2.1 Foreign incoming transfer received through SWIFT
The Customer Service officer /Maker-(at foreign message transfer)
a) Logs on to T-24, enter in to Fund transfer Menu and opens incoming MT-
103 (SWIFT Message) ‘Hold menu’;
b) Posts the transaction to the proper account by referring the MT-103
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