Revised CATS Procedure Dec.20161

COMMERCIAL BANK OF ETHIOPIA December 1, 2016
6. COLLECTION
6.1 Collection of Cash for Deposit
The duties and responsibilities of each staff of the Bank involved in the collection
of cash consist of the following:
The Customer Services Officer/Maker
a) Receives the cash, the deposit slip signed by the depositor and the
passbook (if any) from the depositor.
b) Makes sure that the amount of money given in both words and figures is
the same as that given on the deposit voucher;
c) Counts the cash by comparing it with the denominations written on the
deposit slip, and cheques the name and account number on the deposit
slip against the system.
d) Identifies and inputs the detail information of the depositor on system, if
the amount is greater than the amount set by Ethiopian Financial
Intelligence Center; currently it is 300,000.00 birr.
e) Credits the customer’s account by specifying the depositor full name in
the narrative box, if the deposit to be made is within her/his
discretionary limit otherwise, dual authorization shall be requested from
the concerned Customer Service Officer Checker/Customer Service
Manager; and updates the passbook balance, if any;
f) Forwards the referral to Customer Service Manager, if the deposit is to be
made to the inactive account;
g) Prints the deal slip and hands over to the customer the deal slip as a
receipt and keeps the deposit voucher for further balancing and
recording; If the depositor require additional deal slip for whatever
reason , the additional deal slip or deposit advice should be marked as “
duplicate “ or “Copy “ .
CATS Procedure | 67