Responsible for the accurate, courteous, efficient and timely processing of clients’ over-the-counter transactions thus to provide a quality service in order to maintain a strong relationship with clients.
Key Responsibilities:
Acceptance of cash/check deposits (Peso and Foreign Currencies)
Cash Deposit
• Determines genuineness of notes and coins
• Conducts cash count both piece and machine count
• Checks the completeness of deposit slip as to account name, account number, date including cash breakdown
• Requires passbook from client and check against deposit slip as to account name and number
• Posts/validates cash deposit slip and checks the validation
• Stamps “received” and affix initials
• Returns passbook and deposit stub to client
Check
• Reviews technicalities of checks received
• Checks the completeness of deposit slip as to account name, account number, date including breakdown of check details
• Determines type of check for clearing (e.g. local/regional/BP/OTC)
• Requires passbook from client and check against deposit slip as to account name and number
• Posts/validates cash deposit slip and checks the validation
• Stamps “received” and affix initials
• Returns passbook and deposit stub to client
• Stamps at the dorsal side of the checks the non-negotiable and bank endorsement stamp
• Sees to it that the complete account number of the depositor is written at the back/ for IB Check Deposit, Stamp & Write the BRSTN of the Maintaining Branch at the back portion.
• Refers the check deposit if subject for BP or acceptance of second endorsed to BSH or BM for his endorsement to BBG Head for approval.
• Upon cut off clearing time, makes a run-up of check using adding machine tape with item count
• Generates and print the Teller's Total to perform balancing of total checks received
• Checks received after clearing cut-off shall be treated as late deposit for value dating following banking date
• Records late deposit or Items held for safekeeping on logbook and prepare set-up and reversal tickets
Disbursement of Funds (both Pesos and Foreign Currencies)
Encashment
• Checks the technicalities of the check being encashed
• Asks client’s Valid ID(s)
• Identifies the encashing person or payee and have his endorsement by signing at the back of the check
• Affixes check with the stamp verified-posted-approved (VPA)
• Let the signature of drawer be verified by ST or BSH
• Posts the encashment
•Have the encashment approved by the BSH or BM
• Stamps the back of the check with cash breakdown and payment received
• Request client to sign on the receive by portion
• Disburse the cash indicating the total of each breakdown on the stamp
Withdrawals
• Requires passbook to be presented
• Checks the correctness of withdrawal slips
• Sees to it that account name and account number in the withdrawal slip are one and the same in the passbook and Mega teller terminal
• Submits withdrawal slip to branch officer for signature and approval
• Post transaction or validate withdrawal slip
• Request client to sign on the receive by portion
• Disburse cash indicating cash breakdown on slip
Acceptance of Interbranch Cash and Check Deposits
• Follows procedures in Cash and Check deposit except if transaction is subject for Bills Purchase, where the check deposit slip must be faxed to maintaining branch.
Handles and Processes Interbranch Withdrawal and Encashment
• Follows procedures in withdrawal or encashment but see to it that the transaction must be referred first to maintaining branch for verification and approval
Other duties and responsibilities:
• US Dollar notes/check deposit/withdrawal/purchase/sale
• Delivers accumulated cash to BSH / vault
• Sorts and bundles cash per denomination
• Requisitions needed cash from BSH / vault or Co-Teller
• Balances cash on hand (mid-day / end of day)
• Validates cash deposit slip/OR/CTS/payment order/MC application/passbook/ TT/ DD & Dollar Purchase/ Sold
• After clearing cut – off process check deposits as follows
• Posts transactions that use Debit/Credit Memo and media
• Passbook Updating
• Posting of SPO/ Hold-Out/ Garnishment in CASA system
• Acts as alternate holder to the Branch Manager on cash dial combination
• Transfer of PICOS to Head Teller or BSH
• Prepares Cash Sheet/Proof
• Files transactions relative to teller's functions
• Validates opening of accounts unlocated
• Informs supervisor of any cash discrepancy
• Prepares incident report and Overages/ Shortage reports
• Assumes other functions that may be assigned by immediate supervisor from time to time