Revised CATS Procedure Dec.20161

COMMERCIAL BANK OF ETHIOPIA December 1, 2016
b) Checks the serial number of the Bankers’ cheque /CPO/ used on that
particular day and follow the serial numbers of the remaining unused
demand draft/ Bankers’ cheque /CPO/form.
6.2.4 Account to Account Transfer (Fund Transfer)
Customer Service officer Maker
a) Receives the cheque /money transfer application/letter of payment
instruction from the customer, checks the particulars therein including
the stamp for corporate customers ;
b) Checks the proper presentation, authenticity and completeness of the
amount of money in both words and figures and the signature of the
beneficiary appear on the cheque /money transfer application/letter of
payment instruction;
c) Authenticates the signature of the account holder/authorized signatory;
d) Receives the application/letter of payment instruction from the person
who has been lawfully delegated for the purpose if the remitter is
Corporate customer and the transfer is requested from customer’s
account ;
e) Authenticates the signature, and posts both the debit and credit entries, if
the limit is within her/his discretionary limit; otherwise forwards the
cheque /money transfer application/letter of payment instruction for
dual authorization; and
f) Affixes Customer Service officer - stamp on the back of the cheque or
mark “posted” on the letter of payment instruction/ transfer form and
post on the system by specifying the cheque type, cheque number for
cheques or reference and other description for letter of payment
instructions/transfer form and print the deal slip (Debit and credit
advise) and hands over to the customer;
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