Operational Procedure – Deposits to Current Accounts

INTRODUCTION The purpose of this assign ment is to understand the operational turn in relation to bullion deposits to current reports Hatton home(a) Bank PLC. Hatton theme Bank PLC is a leading private bank in Sri Lanka. HNB is a large-scale company where approximately 4350 employees ar operative. It provides banking, pecuniary and a wide range of related services and has abroad extension offices in Chennai and Karachi. We have examined the process at the Middeniya rive of Hatton National Bank PLC. OPERATIONAL PROCEDURE DEPOSITS TO CURRENT ACCOUNTS prepareor Tenders a sting at the Counter When a constituent men in a perfected Cash unsex rationalize for a specified amount with the equivalent amount of transfer to be deposited, the undernoted procedure should be followed. 1. The Teller should examine the Deposit recede and satisfy himself / herself that it has been properly completed by checking the undermentioned details ? a.The c orrect name of the customer and ac weigh start up along has been entered in the spaces provided. b.Particulars of the denominations have been entered. c. The Deposit faux pas bears the date and the hint of the depositor. d.

Alterations if any, on the Deposit Slip are au thuslyticated 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 make by the account holder personally. 2. The Teller will then proceed to count the cash tendered with the Deposit Slip first-class honours degree with the highest denomination tendered and working down to the lowest, until all the cash has been counted. In the process h! e / she must ensure that every coin note and gold tendered is not forged, mutilated or obsolete. As the counting of the cash in each denomination is completed, the protect 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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