Revised CATS Procedure Dec.20161

COMMERCIAL BANK OF ETHIOPIA December 1, 2016
limit.
The Customer Service Manager
a) Authorizes the referral request after checking the genuineness of the
document and correctness of the transaction in her/his authorization
limit.
Branch controller
a) Receives the cheque from the customer service officer- maker;
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, the amount
of money in both words and figures and the signature of the beneficiary
appear on it;
c) Checks for proper posting of transactions in the system;
d) Keeps such instruments under her/his custody.
6.3.1.2 Clearance of Other Banks’ Cheques (including Bankers’
Cheque)
Other bank cheques or bankers’ cheques can be accepted for deposit to one’s
demand deposit account or savings account on collection basis, so long as they
are drawn on their respective branches and included in the cheque clearance
system.
A) Branches having a scanner which is compatible with the EATS
The Customer Services Officer/Maker-at the front
a) Collects the cheque and Bankers’ cheque /CPO/ from the depositor,
together with the filled-in deposit slip;
b) Checks the completeness of the cheque and the Bankers’ cheque;
CATS Procedure | 82