Revised CATS Procedure Dec.20161

COMMERCIAL BANK OF ETHIOPIA December 1, 2016
The Customer Services Officer – Maker (assigned as Checker)
a) Authorizes the referral request after checking the genuineness of the
document and correctness of the transaction in her/his authorization
limit;
b) Ensures that all the transactions are done properly;
The Senior Branch Controller at Branch/Roving Controller assigned on
high valued customers’ site
a) Receives the cheques and the tickets from the Customer Service Officers
at client’s site by counting the number of tickets and the total amount the
ticket represent;
b) Checks the proper presentation, authenticity and completeness of the
check 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;
c) Checks for proper posting of transactions in the system;
d) Keeps such instruments and tickets under her/his custody
13.1.4 Account to Account transfer
The Customer Services Officer/Maker at client’s site
a) Receives written and signed letter of instruction by the client’s customer
to debit his/her account;
b) Authenticates the signature of the account holder/authorized signatory;
c) Receives the application from the person who has been lawfully
delegated for the purpose if the remitter is Corporate customer;
d) Debits the client’s customer account and credit the High valued
customer’s account by integrating the cheque number, the name of the
depositor and other reference prescribed by high valued customer, dual
CATS Procedure | 221