Revised CATS Procedure Dec.20161

COMMERCIAL BANK OF ETHIOPIA December 1, 2016
12. INTER-BRANCH TRANSACTIONS
Upon processing inter-branch transactions through the CORE banking online
System, the following procedure shall be followed;
12.1 Transactions Allowed to be processed through the Online
System
a) Cash received to the deposit of demand deposit account or saving, and
loan repayment;
b) Cash withdrawals from savings and active current accounts;
c) CBE Cheque/Bankers’ cheque /CPO/deposited to account by debiting
from one CBE Branch and credited to any other CBE Branch regardless of
where the cheque is deposited;
d) When Bankers’ cheque /CPO/ordered by application in favor/beneficiary
of Government office shall be prepared by any branch of CBE regardless
of the account holding branch.
e) Any transfer request lodged in person by individual saving or demand
deposit account holders against proper identification.
f) Fund transfer request between two accounts of the same owner from two
deferent branches.
g) When an organization account and its employees’ salary account
maintained in different branches, the employees’ salary account holding
branch can debit the organization account by letter of instruction for the
credit of its employees’ account.
h) Inter-branch transactions initiated by the Central-Processing Centers of
Trade Services, CATS and Credit— that is, TS’s CPC, Finance and Accounts
team, CATS’s CPCs and Credit’s CPC—which affect the accounts of CBE’s
customers in one of the online branches and which are related to the
transactions that take place between internal accounts; and
i) Transactions related to the accounts of the Ethiopian Commodity
Exchange (ECX) where the debit/credit transactions originate as per the
CATS Procedure | 213