Revised CATS Procedure Dec.20161

Recommendations

Info

COMMERCIAL BANK OF ETHIOPIA December 1, 2016 TYPE ‘S1’ or TYPE ‘S2’ ACCOUNTS It is a type of account, which may be opened in a foreign currency, if the aid given or the loan advanced is in a foreign currency and requires the opening of a special account. If the aid given or the loan advanced is in USD, a special foreign-currency account, S1, shall be opened. If the aid given or the loan advanced is in other currencies, however, a special foreign-currency account, S2, shall be opened. The federal government institutions, departments, etc., shall present to the CBE a written request and the following documents for the opening of the accounts described herein above either in their own names or in the names of others like them. The applicants must, nonetheless, fulfill the following: 1. State in the letter of request the reason for opening a bank account; 2. State clearly in Amharic and English the name of the account, the name of the branch where the account is to be opened and the names of the persons who are authorized to operate the account; 3. State clearly the duration of the project, if the newly opened account is for a project whose activities are carried out or undertaken financed by aid or a loan; and 4. Produce/present to the branch a digital photocopy of the loan contract or of the aid agreement, if the newly opened account has any connection with aid or loan. The letter of request for opening a new account shall be signed by the top officials of the federal Government or by their delegates. CATS Procedure | d
COMMERCIAL BANK OF ETHIOPIA December 1, 2016 ANNEX 3: The Required Documents to Open an Account for the Addis Ababa City Government/Administration The City Government/Administration The order of the Mayor or of the Deputy Mayor of the Administration is required. Sub-City Administrations A letter that discloses the names of the persons authorized to operate the account and signed by the officials as stated above has to be submitted. Kebele Administrations A joint instruction from the Chief Executive Officer and the Head of Economic Services of the sub-City in which the concerned Kebele administration is found is required. ANNEX 4: The Required Documents to Open Accounts for Municipalities The Addis Ababa City and sub-City Municipalities Only the Mayor of Addis Ababa has the power to decide who should be authorized to operate the accounts of the sub-City Administrations. So her/his instructions are required in this regard. The Municipalities of the Regional States The authority to open and operate an account in the names of these municipalities is derived from the Mayor of the capital of the regional state or from the Head of its Urban Development and Housing Office. In either case, the regulation that established them should be carefully and closely consulted before any account is opened. CATS Procedure | e
Page 1 and 2:
CATS Procedure | Commercial Bank of
Page 3 and 4:
Commercial Bank of Ethiopia Decembe
Page 5 and 6:
COMMERCIAL BANK OF ETHIOPIA Decembe
Page 7 and 8:
Page 9 and 10:
Page 11 and 12:
1.2 Definitions COMMERCIAL BANK OF
Page 13 and 14:
Page 15 and 16:
Page 17 and 18:
Page 19 and 20:
Page 21 and 22:
Page 23 and 24:
Page 25 and 26:
Page 27 and 28:
Page 29 and 30:
Page 31 and 32:
Page 33 and 34:
Page 35 and 36:
Page 37 and 38:
Page 39 and 40:
Page 41 and 42:
Page 43 and 44:
Page 45 and 46:
Page 47 and 48:
Page 49 and 50:
Page 51 and 52:
Page 53 and 54:
Page 55 and 56:
Page 57 and 58:
Page 59 and 60:
Page 61 and 62:
Page 63 and 64:
Page 65 and 66:
Page 67 and 68:
Page 69 and 70:
Page 71 and 72:
Page 73 and 74:
Page 75 and 76:
Page 77 and 78:
Page 79 and 80:
Page 81 and 82:
Page 83 and 84:
Page 85 and 86:
Page 87 and 88:
Page 89 and 90:
Page 91 and 92:
Page 93 and 94:
Page 95 and 96:
Page 97 and 98:
Page 99 and 100:
Page 101 and 102:
Page 103 and 104:
Page 105 and 106:
Page 107 and 108:
Page 109 and 110:
Page 111 and 112:
Page 113 and 114:
Page 115 and 116:
Page 117 and 118:
Page 119 and 120:
Page 121 and 122:
Page 123 and 124:
Page 125 and 126:
Page 127 and 128:
Page 129 and 130:
Page 131 and 132:
Page 133 and 134:
Page 135 and 136:
Page 137 and 138:
Page 139 and 140:
Page 141 and 142:
Page 143 and 144:
Page 145 and 146:
Page 147 and 148:
Page 149 and 150:
Page 151 and 152:
Page 153 and 154:
Page 155 and 156:
Page 157 and 158:
Page 159 and 160:
Page 161 and 162:
Page 163 and 164:
Page 165 and 166:
Page 167 and 168:
Page 169 and 170:
Page 171 and 172:
Page 173 and 174:
9.20 Key management COMMERCIAL BANK
Page 175 and 176:
Page 177 and 178:
Page 179 and 180:
Page 181 and 182:
Page 183 and 184:
Page 185 and 186:
Page 187 and 188:
Page 189 and 190: COMMERCIAL BANK OF ETHIOPIA Decembe
Page 239: COMMERCIAL BANK OF ETHIOPIA Decembe
Page 271 and 272: [COMMERCIAL BANK OF ETHIOPIA] Decem
show all

Revised CATS Procedure Dec.20161

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?