Operational Procedure – Deposits to Current Accounts

INTRODUCTION The purpose of this assign ment is to understand the operational exercise in relation to bullion deposits to current reports Hatton home(a) Bank PLC. Hatton depicted object Bank PLC is a leading private bank in Sri Lanka. HNB is a large-scale company where approximately 4350 employees be operative. It provides banking, monetary and a wide range of related services and has overseas extension offices in Chennai and Karachi. We have examined the process at the Middeniya give away of Hatton National Bank PLC. OPERATIONAL PROCEDURE DEPOSITS TO CURRENT ACCOUNTS prepareor Tenders a situate at the Counter When a constituent men in a perfected Cash fasten cut for a specified amount with the equivalent amount of substitution to be deposited, the undernoted procedure should be followed. 1. The Teller should examine the Deposit drop off and satisfy himself / herself that it has been properly completed by checking the following(prenom inal) details ? a.The correct name of the customer and ac consider expire along has been entered in the spaces provided. b.Particulars of the denominations have been entered. c. The Deposit place bears the date and the hint of the depositor. d.

Alterations if any, on the Deposit Slip are au and thenticated by the dear signature of the depositor. It would nevertheless be advisable to meet a fresh Deposit Slip where the amount is modify and the deposit is not being do by the account holder personally. 2. The Teller will then proceed to count the cash tendered with the Deposit Slip root system with the highest denomination tendered and working down to the lowe st, until all the cash has been counted. In ! the process he / she must ensure that every currency note and gold tendered is not forged, mutilated or obsolete. As the counting of the cash in each denomination is completed, the harbor of cash legitimate should be entered on reverse of the Deposit Slip on the preprinted denominations column provided for this purpose. Once the...If you want to get a full essay, order it on our website: OrderEssay.net

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