Revised CATS Procedure Dec.20161

COMMERCIAL BANK OF ETHIOPIA December 1, 2016
c) Ensures no cash shall left in the safe of Customer Service officer –Maker
at clients office except Sunday’s and holidays;
13.1.3 Collections in the form of cheques
The Customer Services Officer/Maker at client’s site
a) Collects the cheques from the passenger/client’s customer; together with
the filled-in deposit slip; other supplementary client document
prescribed by high valued customer.(only CBE cheques are accepted for
deposit and they shall instantly be credited to high value customer
account )
b) Ensures that the particulars filled in the deposit slip are identical with
those on the cheques received for deposit;
c) Checks the proper presentation, authenticity and completeness of the
cheque—that is, makes sure that the date on which the cheque was
issued, the name of the beneficiary thereof, its endorsement, the amount
of money in both words and figures and the signature of the beneficiary
appear on it.
d) Authenticates the signature, and posts both the debit and credit entries
by integrating the cheque number, the name of the depositor and other
reference prescribed by high valued customer , if the limit is within
her/his discretionary limit; otherwise forwards the cheques for dual
authorization to CSO-checker;
e) Collects service charge as per the bank’s terms and tariff;
f) Affixes the crossing stamp to the face of the cheque both the original and
the receipt of the deposit slip and then puts her or his initials on all the
documents and posts on the system;
g) Hands over the deal slip/advice to the passenger/client’s customer after
putting thereon her/his initials;
h) Forwards the posted cheque to the Senior Branch Controller after
balancing them.
CATS Procedure | 220