Revised CATS Procedure Dec.20161

COMMERCIAL BANK OF ETHIOPIA December 1, 2016
The Customer Services Officer/Checker
a) Authorizes the referral request after checking the genuineness of the
document and correctness of the transaction in her/his authorization
limit.
The Customer Service Manager
a) Authorizes the referral request after checking the completeness of the
document and correctness of the transaction in her/his authorization
limit.
Branch controller
a) Receives the cheque/ money transfer application /letter of payment
instruction from the customer service officer- maker;
b) Checks the proper presentation, authenticity and completeness of the
transfer documents
c) Checks for proper posting of transactions in the system; and
d) Keeps such instruments under her/his custody.
6.2.5 Foreign Money Transfer
Foreign money transfer shall be made for Education, correspondence fee, seminar,
Training, Symposium, workshop, conference, Membership fee, Medical fee and
others in line with the pertinent directive of the NBE and the direction of the bank. If
and when the branch is permitted to process foreign money transfers the following
procedure shall be followed;
6.2.6 Foreign currency Demand Draft and SWIFT Transfers
The Customer Services Officer/Maker
a) Receives the letter of application for foreign exchange or the duly
completed remittance form, together with the other required documents
against the check list;
CATS Procedure | 76