Revised CATS Procedure Dec.20161

COMMERCIAL BANK OF ETHIOPIA December 1, 2016
approves the permit; and
b) Authorizes the transaction if payment is in her/his authorization limit.
The Branch Controller
a) Checks and balances the day’s cash transaction on the system.
6.3 Collection of Negotiable Instruments for Deposit
6.3.1 Local Cheques
6.3.1.1 A cheque drawn on CBE Branches
The Customer Services Officer/Maker
a) Collects the cheque from the depositor;
b) Checks the proper presentation, authenticity and completeness of the
cheque—that is, makes sure that the date on which the cheque was
issued, the name of the beneficiary thereof, its endorsement (account
number and name of account to be deposited), the amount of money in
both words and figures and the signature of the beneficiary appear on it.
c) Verifies the signature, and posts both the debit and credit entries, if the
limit is within her/his discretionary limit; otherwise forwards the cheque
for dual authorization.
d) Affixes Customer Service officer - stamp on the back of the cheque and
post on the system by specifying the cheque type, cheque number on the
menu and print the deal slip(credit advise)and hands over to the
customer;
e) Forwards the posted cheque to the Branch Controller after balancing
them.
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
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