The document provides guidelines on various cash handling procedures that bank staff should follow, including:
- Key holders must jointly open the vault 15 minutes before business hours and verify the previous day's closing balance. Only minimum cash needed should be removed from the vault.
- The retention limit is a daily cash limit set by the bank's head office to ensure branches have enough cash for transactions but also work efficiently within limits. Excess cash should be remitted to currency chests.
- If a key holder is delayed, another officer can open the vault using duplicate keys lodged at a nearby branch. The procedure when key holders go on leave is also outlined.
Gatemaster was developed by owners of FEC facilities in 1994 and since then has been established as leading point-of-sales and ticketing software for admission and attraction-based industries. Our software is unique in that all point-of-sale features are easily accessible from a single all-inclusive program with mobile and installed software versions with integrated E-Commerce and Apps. Gatemaster is suitable for businesses large and small. We have a proven software solution that has been tried and tested in multiple environments. With over twenty-five years’ experience, serving more than 10 industries in 16 different countries. Gatemaster is well positioned for growth. We are pleased to offer you our expertise and create a solution for your business.
Gatemaster was developed by owners of FEC facilities in 1994 and since then has been established as leading point-of-sales and ticketing software for admission and attraction-based industries. Our software is unique in that all point-of-sale features are easily accessible from a single all-inclusive program with mobile and installed software versions with integrated E-Commerce and Apps. Gatemaster is suitable for businesses large and small. We have a proven software solution that has been tried and tested in multiple environments. With over twenty-five years’ experience, serving more than 10 industries in 16 different countries. Gatemaster is well positioned for growth. We are pleased to offer you our expertise and create a solution for your business.
$€100-M MINIMUM ENTRY MANAGED BUY/SELL BANK INSTRUMENT TRADE PROGRAMRaaj Khanna
Kind Greetings & Best Wishes For, Your Good Health & Well Being! Thank You For Considering Us, To Assist You, For Making Your Endeavors, A Success.
Please Specify Your Requirement In Absolute Clarity, To Enable Us, To Provide An Appropriate Solution.
Best Regards,
Raaj Khanna
Email: fundingkart@raajkhanna.com (Founder-C.E.O. & C.F.O.); fundingkart@louiemoss.com (Co-Founder & Chair Trustee)
Voice Calls: WeChat@ Fundingkart or Skype@ funding.kart or raaj_ticd or live:sampatti.india ; Telegram@ https://t.me/FundingKart; Google Hangouts @ fundingkart@raajkhanna.com Tweet Us @INeedFunding
Presentation on a rather difficult to understand topic initially, that is, cash control and credit control system, as applied in large and busy hotels.
Includes, skipper and paid-in-advance guests.
Collection of cheque chapter 2, banker as a holder for value, conversion of a cheque, precautions to be taken by collecting banker, duties of a collecting banker, statutory protection to collecting banker
Types of Remittance Scams and Fraud, it is advisable for all business owners to have these five precautionary measures in place to prevent fraud in their companies.What is Cash,Blood of a bank.Cash Deposit Voucher, Cash Payment
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...beulahfernandes8
Role in Financial System
NBFCs are critical in bridging the financial inclusion gap.
They provide specialized financial services that cater to segments often neglected by traditional banks.
Economic Impact
NBFCs contribute significantly to India's GDP.
They support sectors like micro, small, and medium enterprises (MSMEs), housing finance, and personal loans.
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
More Related Content
Similar to Activity on cash handling operations (1)
$€100-M MINIMUM ENTRY MANAGED BUY/SELL BANK INSTRUMENT TRADE PROGRAMRaaj Khanna
Kind Greetings & Best Wishes For, Your Good Health & Well Being! Thank You For Considering Us, To Assist You, For Making Your Endeavors, A Success.
Please Specify Your Requirement In Absolute Clarity, To Enable Us, To Provide An Appropriate Solution.
Best Regards,
Raaj Khanna
Email: fundingkart@raajkhanna.com (Founder-C.E.O. & C.F.O.); fundingkart@louiemoss.com (Co-Founder & Chair Trustee)
Voice Calls: WeChat@ Fundingkart or Skype@ funding.kart or raaj_ticd or live:sampatti.india ; Telegram@ https://t.me/FundingKart; Google Hangouts @ fundingkart@raajkhanna.com Tweet Us @INeedFunding
Presentation on a rather difficult to understand topic initially, that is, cash control and credit control system, as applied in large and busy hotels.
Includes, skipper and paid-in-advance guests.
Collection of cheque chapter 2, banker as a holder for value, conversion of a cheque, precautions to be taken by collecting banker, duties of a collecting banker, statutory protection to collecting banker
Types of Remittance Scams and Fraud, it is advisable for all business owners to have these five precautionary measures in place to prevent fraud in their companies.What is Cash,Blood of a bank.Cash Deposit Voucher, Cash Payment
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...beulahfernandes8
Role in Financial System
NBFCs are critical in bridging the financial inclusion gap.
They provide specialized financial services that cater to segments often neglected by traditional banks.
Economic Impact
NBFCs contribute significantly to India's GDP.
They support sectors like micro, small, and medium enterprises (MSMEs), housing finance, and personal loans.
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
Yes of course, you can easily start mining pi network coin today and sell to legit pi vendors in the United States.
Here the telegram contact of my personal vendor.
@Pi_vendor_247
#pi network #pi coins #legit #passive income
#US
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
1. ACTIVITY ON CASH HANDLING OPERATIONS - FACULTY LED
Activity through cue card or questionsto POs
in groups and presentationby them.
What are the procedure tobe followedwhile
openingthe vaultbykeyholders?
Before opening the vault for the day alert the
guard.
Ensure that the front gate is closed before
opening vault.
Joint key holders to be present together 15
minutes before commencement of business
hours as per Goiporia committee
recommendations. Before opening the vault
change alarm from night mode to day mode.
VerifyPreviousdays closingbalance whichshall
be the opening balance of the day and
physicallytallythe same before taking out cash
to cashiers.
Ensure that nothing has been tampered inside
the vault room
Ensure only Minimum required amount to be
taken out in a trunk duly locked and one key
withcash officerandthe otherwiththe cashier.
Ensure that Guard is present while cash is
transmitted from vault to cash cabin.
Ensure Double lock register signed by both the
key holders for having taken out cash and
tallied with the outstanding cash in D/L
See that the grill gate is closed at all times so
that no unauthorised person enters the vault.
Ensure that the cash is handed over to the
cashiers with their signature in the cash
movement register.
What ismeantby Retentionlimitandinwhat
wayit helpsthe Bank?
Retention limit or standard Cash Limit is the
limit up to which the branch can hold cash at
the end of the day fixed by CO
After going through the no. and amount of
receipt and payments made in a day.
Idle cashat branchmeanslossof profit to bank.
Hence it is prudent on the branch to work
withinthe Retentionlimitandexcesscashif any
continuously to be remitted to currency chest
It will act as a margin for CRR and SLR.
Working within Retention limit will ensure
safetyof the branch and covered by insurance.
What happensif a keyholderiscomesto
branch withdelaydue toreasonsbeyondhis
control?(Facultytocreate situationwhere
one of the keyholderisunable tocome on
time openthe vault)
Key holders have to be present in the branch
and open the vault 15 minutes in advance
before commencement of business as per
Goiporia committee report.
If any one of the joint custodian is delayed
beyondthe control of the officerdue tomedical
2. or other reasons the BM or any other officer
jointly with one more officer will take out the
duplicate set of keys from the nearby branch
where it is lodged for safe custody and start
operation of the branch.
On returnof the officerthe keys are exchanged
and kept back in the nearby branch under safe
custody with joint operation clause.
The safe custody receipt to be kept with the
Manager.
What procedure tobe followedif the key
holderwantstogo on leave orout door
duties?
If the keyholderhasto proceedonleave he has
to inform in advance make arrangement for
handing over the keys to next incumbent by
recording the same in key movement register.
What isthe difference betweenasoilednote
and mutilatednote?
Soiled notes are the notes which have become
dirty due to handling and cut in to 2 pieces and
joined together and no portion is missing.
Where as a mutilated note is a note cut in to
more than 2 pieces or a portion of the note is
missing to the extent as stipulated by RBI note
refund policy 2009 for notes up to the value of
Rs. 20 or Rs. 50 and above.
It isobservedbyyouthat the vault door is
keptopenduringthe dayafter cash
operations.Whatisyouradvise tokeyholders
and why?
Ensure that the Vault door kept closed during
the day.
Howeverforoperational convenience the inner
grill gate has to be kept closed and locked
always to prevent unauthorised entry of
persons as a safety measure.
Cash and securities are sensitive in nature and
any deviationof norms inhandling will resultin
loss to the Bank for which key holders will be
held responsible
Hence it is the responsibility of the key holder
to lockthe grill gate of the vault and follow the
laid down procedure.
It isobservedthatthe cashier/Tellerwhile
movingoutof cash cabindoesnot lockthe
door andjust closesthe dooras the lockis not
proper.What isthe procedure inthis
connection
Branch cash officerhas to ensure that locks are
in perfect working condition in cash cabins.
Cashier has to close the cash cabin while
working inside duly locked to avoid
unauthorised entry.
Simultaneously while moving out temporarily
he has to ensure closure of the cabin duly
locked.
If any deviation of norms by the cashier to be
correctedand ensure thatthe cabin is locked at
all times while working or while moving out by
the cashier.
No unauthorisedpersonexceptthe cash officer
or the Branch manager for surprise check to be
allowed.
3. Duringthe day endcash paidand cash
received sealsare keptinthe cashcabinand
whenan enquirythe cashierinformsthatitis
the practice followedinthe branchforlong.
What isyour viewonthe same?
Ensure as an officer of the Bank, cash paid and
cash received seals are to be kept in safe vault
at the end of the day
Bank will be held accountable in case of
complaint by any customer on producing the
counterfoil with the cash received seal, even
without the signature of the officer as per RBI
guidelines.
All other seals are also to be kept under lock
and key.
What isthe importance of the signboardon
cut and mutilatednotesacceptedhere?
As per the guidelines of RBI the exchange of
notesincludingsoiled andmutilatednoteshave
to be done by the branches of any scheduled
banks
The customer may or may not have an account
with the branch.
Hence the sign board is mandatorily displayed.
The cashierrequeststhe officertotake out
lumpsumcashof Rs.12,00,000 as he has to
oftenrequestthe officerforpaymentduring
the day. What are your opinion onthe above
request?
Branch to ensure taking out Minimum required
cash in the morning while opening the vault to
be handed over to the cashier for making
payments early in the morning.
However if the payment cashier request for
cash later the same has to be handed over as
and when required to avoid security risk
Cash taken out every time has to be properly
recorded with the dual signature of the key
holder in the safe register and cashiers
signature in cash Register.
What isthe significanceof openingcash
balance andclosingcash balance ?
Opening cash balance is the amount of cash
within the vault overnight and tallied with the
GL of the branch. Upon opening the vault the
key holders tally the opening cash balance and
then take out required amount of cash for
payments by recording in the vault register.
Afterthe daystransactionthe cash is talliedand
receipt is added to the opening balance and
payments deducted from the opening balance
thus arriving at the closing balance.
However the closing balance has to be
mandatorily tallied with the GL balance of the
branch as otherwise the key holders have to
findoutthe difference and arrive at the closing
balance as per General ledger cash balance
which is an Asset of the bank.
4. RBI has come out witha policyoncleannote
in1999. As a bankin whatway itis significant
to us to adhere tothese guidelines ?
RBI has come out with a Clean note policy to
issue good notes to public and retain the
reputation of the country.
Banks have to adhere to the clean note policy
invariably.
The policy covers issue of good notes to public
across counter and in ATMs,
Not to dirty the note,
Not to staple the notes
Not to write on the blank portion of the note
Soiled notes and mutilated notes and notes
issued prior to 2005 have to be surrendered to
RBI for issue of new notes through currency
chest of the bank.
Notes have to be segregated as issuable and
non-issuable and for the above purpose all
biggerbranchesand currency chests have to be
providedwith high speed sorter cum fake note
detector machines.
What procedure tobe followedif aforged
note detectedinthe cashremittedbya
customer?
Counterfeitnote remittedbyacustomer/ non
customerhas to be impounded,issuedwithareceiptto
the tenderer(withnote no.noted)
A counterfeitnote fake note when
determined/adjudicated/identifiedshall be stamped
“CounterfeitBankNote witharubberstampof uniform
size 5cm x 5 cm.
FIR has tobe filedif the numberof note exceeds4
immediately.
Whensuch notesreceivedislessthan4onlya
consolidatedstatementtobe sentto local police
stationat the endof month.
FIR lodgedtobe obtainedfromthe concernedPolice
station.
Copyof FIRforwardedtoForgednote vigilance cell of
the Head office.
Particularas to name,addressof tenderer,astatement
as to how he came in possessionshall be furnished to
Police authorities.
Counterfeitnote senttopolice byInsuredPostAck.due
an kepton record.
CounterfeitnotesreceivedbackfromPolice station
preservedinthe safe custodyfora periodof 3 years.
Vigilance cellshall alsomaintainabranchwise
consolidatedrecordof suchcounterfeitnotes.
Counterfeitnotesverificationhalf yearlydone on31st
March and 30 th Septemberbybranchofficial.
To whomthe reportinghasto be one incase
of detectionof aforgednote?
Reportingisdone toFIU-INDthroughSuspicious
transactionreportand RBI throughvigilance cell.
What are the functionsof Forgednote cell of
Vigilance cell?
Disseminationof instructionissuedbyRBI
Compilationof datasubmissiontoRBIand FIU-IND
SharinginformationwithBankCVOregarding
5. acceptance counterfeitacrosscountry
Ensure sorted,examinedbanknotesaspercleannote
policyfedinATM
Ensure adequate safe guard
Update record of addressof Forgednote Vigilancecell
to RBI.
Procedure tobe followedbythe branchwhile
remittingthe cashto chestor nearbybranch?
Excesscash beyondthe StandardCashLimithas to be
remittedtoCurrencychestof the bank.Evenwhenthe
branch requirescashforpaymentof large value
chequesindentscashfromcurrencychest.
At the time of remittance the branchhas to follow
certainguidelinesasunder;
Cash remittance uptoRs. 5000 – substaff mayremit.
Cash remittance above Rs.5000 up to 25000 one clerk.
Cash remittance above Rs.25000 upto Rs.20 lakhsa
Clerkandanotherstaff.
Cash remittance above Rs.20lakhsuptoRs. 50 lakhs- 2
employeeswithone armedguard.
Cash remittance above Rs.50 lakhs2 employeesand2
Armedguard.
The brancheshave to abide bythe normsof remittance
to avoidanyuntowardincidencesandforinsurance
cover.
How securitiesandcashinvaultand transitis
coveredincase of any mishap?
BankersindemnityInsurance policy coversthe Cash
and securitiesheldinbranchesetc.,(coveringFire,
burglary,theft,robbery) andsecuritiesintransitis
coveredbya Bankersindemnitypolicy