Revised CATS Procedure Dec.20161

COMMERCIAL BANK OF ETHIOPIA December 1, 2016
with a copy of the exchange control; and
e) Sorts and attaches therewith the appropriate documents and files them.
The Customer Service Manager
a) Approves the permit and forward to customer service officer-maker if the
application fulfills the NBE requirement
b) Checks the availability of sufficient fund in our correspondent bank
account, in accordance with the internationally accepted finance process,
if necessary; and
c) Co-signs on the draft;
The Branch controller
a) Receives the letter of application/application form and checks the proper
posting in the system.
The Senior Customer Services Officer – Accounts
a) Sends the permit to Management Information Service (MIS), together
with a copy of the exchange control, as per NBE report submission
schedule
6.2.7 Purchase of Foreign-Currency Notes
The Customer Services Officer/Maker
a) Receives and identifies the types of foreign-currency notes and makes
sure that they are authentic; moreover, torn out, dog-eared notes, etc.
shall not be purchased.
b) Posts the currency, amount, name of the customer and phone number on
the system, prints a deal slip in two copy make the customer sign on the
deal slip.
c) Pays to the customer in Birr and give one copy to the customer as receipt,
if it is within her or his payment-authorization limit, or sends a referral, if
it is above her or his payment-authorization limit; and
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