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SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED UNIT STANDARD THAT HAS PASSED THE END DATE: 

Scrutinise vouchers for banking-related technical irregularities within the banking environment 
SAQA US ID UNIT STANDARD TITLE
114745  Scrutinise vouchers for banking-related technical irregularities within the banking environment 
ORIGINATOR
SGB Banking and Micro Finance 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
BANKSETA - Banking Sector Education and Training Authority 
FIELD SUBFIELD
Field 03 - Business, Commerce and Management Studies Finance, Economics and Accounting 
ABET BAND UNIT STANDARD TYPE PRE-2009 NQF LEVEL NQF LEVEL CREDITS
Undefined  Regular  Level 3  NQF Level 03  2 
REGISTRATION STATUS REGISTRATION START DATE REGISTRATION END DATE SAQA DECISION NUMBER
Passed the End Date -
Status was "Reregistered" 		 2018-07-01  2023-06-30  SAQA 06120/18 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2024-06-30   2027-06-30  

In all of the tables in this document, both the pre-2009 NQF Level and the NQF Level is shown. In the text (purpose statements, qualification rules, etc), any references to NQF Levels are to the pre-2009 levels unless specifically stated otherwise.  

This unit standard replaces: 
US ID Unit Standard Title Pre-2009 NQF Level NQF Level Credits Replacement Status
7135  Scrutinise vouchers for banking-related technical irregularities within the banking environment  Level 3  NQF Level 03  2   

PURPOSE OF THE UNIT STANDARD 
This Unit Standard is for persons who work in processing centres in a banking environment.

Persons credited with this Unit Standard will be able to:
  • Examine vouchers or copies of vouchers.
  • Process vouchers and reports.
  • Check for irregularities.
  • Deal with technical irregularities. 
    		•

    LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
    It is assumed that learners accessing this Unit Standard are competent in Communication at NQF Level 2. 

    UNIT STANDARD RANGE 
  • Vouchers include cheques, MICR customer vouchers.
  • Voucher compliance with Bills of Exchange includes correct preparation, date stamp, authentication and validity.
  • Voucher annotations include cancel signature, answer appropriately on irregular cheque.
  • Vouchers requiring further processing include stop payments, special clearance, Forex requirements.
  • Unauthorised amendments include beneficiary details, amounts. 
    		•

    Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    Examine vouchers or copies of vouchers. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    The vouchers to be scrutinised are obtained and prepared for scrutiny as required by the bank's procedures. 

    ASSESSMENT CRITERION 2 
    All vouchers are examined for completeness as required by the bank. 

    ASSESSMENT CRITERION 3 
    The appropriate procedure is applied in relation to the value of the voucher and as required by the bank. 

    ASSESSMENT CRITERION 4 
    Appropriate measures are carried out to ensure that the vouchers comply with the terms of the Bills of Exchange Act. 

    ASSESSMENT CRITERION 5 
    The vouchers are annotated and initialled as per the bank's procedures. 

    SPECIFIC OUTCOME 2 
    Process the vouchers and reports. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    Vouchers that require further processing are sent to the relevant departments as required by the bank. 

    ASSESSMENT CRITERION 2 
    Vouchers are passed on for inclusion in statements or are filed according to the bank's procedures. 

    ASSESSMENT CRITERION 3 
    Copies of vouchers and reports are passed on to the relevant departments or filed as required by stipulated procedures. 

    ASSESSMENT CRITERION 4 
    The required procedures are followed to return incorrectly drawn vouchers. 

    SPECIFIC OUTCOME 3 
    Check for irregularities. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    The dates on vouchers are checked for compliance with the bank's requirements. 

    ASSESSMENT CRITERION 2 
    The amount on the voucher is scrutinised to make sure that it is clearly and correctly stated. 

    ASSESSMENT CRITERION 3 
    Crossings and endorsements are checked for compliance with the Bills of Exchange Act. 

    ASSESSMENT CRITERION 4 
    The signature on the voucher is verified according to the bank's guidelines. 

    ASSESSMENT CRITERION 5 
    Beneficiary details are checked for possible irregularities as stipulated in the bank's guidelines. 

    ASSESSMENT CRITERION 6 
    Cheques are scrutinised for unauthorised amendments as required by the bank. 

    ASSESSMENT CRITERION 7 
    Cheques drawn on specific accounts are scrutinised for fraud as required by the bank. 

    ASSESSMENT CRITERION 8 
    The relevant branches are notified of any irregularities as required by the bank. 

    ASSESSMENT CRITERION 9 
    Queries are attended to timeously and in a manner that promotes customer service. 

    SPECIFIC OUTCOME 4 
    Deal with irregularities. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    Queries are investigated and resolved before the daily cut off time and in the manner required by the bank. 

    ASSESSMENT CRITERION 2 
    All unresolved queries are referred to the supervisor/manager according to the bank's procedures. 

    ASSESSMENT CRITERION 3 
    All irregularities are dealt with according to the bank's procedures. 


    UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS 
    1. Anyone assessing a learner against this Unit Standard must be registered as an assessor with the relevant ETQA, or with an ETQA that has a Memorandum of Understanding with the relevant ETQA.

    2. Any institution offering learning that will enable achievement of this Unit Standard or assessing this Unit Standard must be accredited as a provider with the relevant ETQA, or with an ETQA that has a Memorandum of Understanding with the relevant ETQA.

    3. Moderation of assessment will be overseen by the relevant ETQA according to the moderation guidelines in the relevant qualification and the agreed ETQA procedures.

    Therefore anyone wishing to be assessed against this Unit Standard may apply to be assessed by any assessment agency, assessor or provider institution, which is accredited by the relevant ETQA. or by an ETQA that has a Memorandum of Understanding with the relevant ETQA. 

    UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE 
  • All relevant banking policies and procedures.
  • Workflow.
  • Operating and computer systems knowledge to locate the necessary information and complete the task.
  • Operational risk.
  • Relevant security precautions. 
    		•

    UNIT STANDARD DEVELOPMENTAL OUTCOME 
    N/A 

    UNIT STANDARD LINKAGES 
    N/A 


    Critical Cross-field Outcomes (CCFO): 

    UNIT STANDARD CCFO IDENTIFYING 
    To identify and solve problems in which responses display that responsible decisions using critical and creative thinking have been made when all vouchers are examined for completeness as required by the bank. 

    UNIT STANDARD CCFO WORKING 
    To work effectively with others as a member of a team, group, organisation and community when all unresolved queries are referred to the supervisor/ manager according to the bank's procedures. 

    UNIT STANDARD CCFO ORGANISING 
    To organise and manage oneself and one's activities responsibly and effectively when the vouchers to be scrutinised are obtained and prepared for scrutiny as required by the bank's procedures. 

    UNIT STANDARD CCFO COLLECTING 
    To collect, organise and critically evaluate information when the vouchers' compliance with the terms of the Bills of Exchange Act is ensured. 

    UNIT STANDARD ASSESSOR CRITERIA 
    N/A 

    REREGISTRATION HISTORY 
    As per the SAQA Board decision/s at that time, this unit standard was Reregistered in 2012; 2015. 

    UNIT STANDARD NOTES 
    As from date of registration of this unit standard, it replaces unit standard 7135 which was "Scrutinise vouchers for banking-related technical irregularities within the banking environment", 2 credits, NQF Level 3.

    Legal Requirements:
    All procedures must meet recognised codes of practice as well as obligations required under current legislation within South Africa and within the normal parameters of the defined job/task.

    Terminology:
    MICR - Magnetic Ink Character Recognition 

    QUALIFICATIONS UTILISING THIS UNIT STANDARD: 
      ID QUALIFICATION TITLE PRE-2009 NQF LEVEL NQF LEVEL STATUS END DATE PRIMARY OR DELEGATED QA FUNCTIONARY
    Elective  20184   National Certificate: Banking  Level 3  NQF Level 03  Passed the End Date -
    Status was "Reregistered"     		 2023-06-30  BANKSETA 


    PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS UNIT STANDARD: 
    This information shows the current accreditations (i.e. those not past their accreditation end dates), and is the most complete record available to SAQA as of today. Some Primary or Delegated Quality Assurance Functionaries have a lag in their recording systems for provider accreditation, in turn leading to a lag in notifying SAQA of all the providers that they have accredited to offer qualifications and unit standards, as well as any extensions to accreditation end dates. The relevant Primary or Delegated Quality Assurance Functionary should be notified if a record appears to be missing from here.
     
    1. Absa Learning & Development 
    2. Chartall Business College 
    3. Fachs Business Consulting and Training 
    4. Octomate Education Pty Ltd 
    5. SIGNA ACADEMY (PTY) LTD 
    6. Trainers Without Borders 


    All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.