Revised CATS Procedure Dec.20161

COMMERCIAL BANK OF ETHIOPIA December 1, 2016
g) Ensure appropriate risk identification, measurements and management is in
place in operational activities of the team;
h) Ensure the accurate and timely maintenance of ECX, Government and other
corporate customers accounts;
i) Ensure reported lost negotiable instruments are recorded for further
reference and corrective action; and
j) Rectify audit findings reported by internal audit, Ethics and Anti-Corruption
office, and controllers, and take the necessary remedial action;
1.7.10 Manager-ATS
The ATS Manager shall:
a) Plan, direct and coordinate the activities of the team within the approved
CATS procedure, guidelines and directives of the bank;
b) Ensure all transactions are processed accurately and efficiently; and
reconciled and settled as per the standard;
c) Monitor the position of payment and settlement account and make sure that
the balance is not overdrawn; and
d) Ensure proper prioritization of payment when the balance in the Payment
and Settlement is account not enough to cover all outstanding payment
e) Rectify audit findings reported by internal audit, Ethics and Anti-Corruption
office, and controllers, and take the necessary remedial action;
1.7.11 Head Cash Custody and Issue (LCY/ FCY)
The Head at Cash Custody and issue shall:
a) Plan, direct and coordinate the activities of the team within the approved
CATS procedure, guidelines and directives of the bank;
b) Keep dual control of cash and vault key of Cash custody and issue
c) Handover and takeover the physical cash notes to and from branches, NBE
and other banks as per the cash operation activities laid in this procedure;
d) Assign officers and coordinate required resource for efficient cash collection
and issue
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