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

Trace banking-related entries on behalf of other parties 
SAQA US ID UNIT STANDARD TITLE
7107  Trace banking-related entries on behalf of other parties 
ORIGINATOR
SGB Financial Services 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
-  
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  4 
REGISTRATION STATUS REGISTRATION START DATE REGISTRATION END DATE SAQA DECISION NUMBER
Passed the End Date -
Status was "Reregistered" 		 2003-12-03  2004-08-11  SAQA 1351/03 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2005-08-11   2008-08-11  

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 is replaced by: 
US ID Unit Standard Title Pre-2009 NQF Level NQF Level Credits Replacement Status
114760  Trace banking-related entries on behalf of other parties  Level 3  NQF Level 03  4   

PURPOSE OF THE UNIT STANDARD 
Persons credited with this unit standard will be able to verify the details of an entry, trace the entry and provide the other party with the relevant details.Proven competence in at least two types of query is required. 

LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
Open 

UNIT STANDARD RANGE 
Branches, agent banks, other departments 

UNIT STANDARD OUTCOME HEADER 
Verify the details of the query 

Specific Outcomes and Assessment Criteria: 

SPECIFIC OUTCOME 1 
Verify the details of the query. 

ASSESSMENT CRITERIA 

ASSESSMENT CRITERION 1 
1. The query is recorded in line with the bank's procedures. 

ASSESSMENT CRITERION 2 
2. The full details of the query are obtained as required by the bank. 

ASSESSMENT CRITERION 3 
3. Confidentiality is ensured according to the Code of Banking Practice. 

SPECIFIC OUTCOME 2 
Trace the entry. 

ASSESSMENT CRITERIA 

ASSESSMENT CRITERION 1 
1. The entry processing documentation is obtained as required by the bank. 
ASSESSMENT CRITERION RANGE 
Including but not limited to reports, transaction vouchers, original credits or debits, summary vouchers.
 

ASSESSMENT CRITERION 2 
2. The processing details are checked against the documentation or electronic images of the documentation according to the bank's procedures. 
ASSESSMENT CRITERION RANGE 
Including but not limited to operator detail, tally totals, clearing envelope, amounts and dates of credits or debits, customer detail, IBT detail, ACB detail.
 

ASSESSMENT CRITERION 3 
3. A copy of the documentation that provides the details of the queried transaction is obtained as required by the bank. 

SPECIFIC OUTCOME 3 
Provide the details of the queried transaction to the other party. 

ASSESSMENT CRITERIA 

ASSESSMENT CRITERION 1 
1. The relevant query reply documentation is completed as required by the bank. 

ASSESSMENT CRITERION 2 
2. Copies of the transaction documentation are attached to the query documentation. 

ASSESSMENT CRITERION 3 
3. The relevant information is forwarded to the party initiating the query in line with the bank's procedures. 

ASSESSMENT CRITERION 4 
4. The query is signed off as required by 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.

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.

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. 

UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE 
  • an understanding of all relevant banking policies and procedures.
  • an understanding of the workflow.
  • operating and computer systems knowledge sufficient to locate
  • the necessary information and complete the task.
  • an understanding of operational risk.
  • relevant security precautions.
  • knowledge of ACB procedures 
    		•


    Critical Cross-field Outcomes (CCFO): 

    UNIT STANDARD CCFO WORKING 
    To work effectively with others as a member of a team, group, organisation and community when the relevant information is forwarded to the party initiating the query in line with the bank's procedures. 

    UNIT STANDARD CCFO ORGANISING 
    To organise and manage oneself and one's activities responsibly and effectively when the query is signed off as required by the bank's procedures. 

    UNIT STANDARD CCFO COLLECTING 
    To collect, organise and critically evaluate information when the full details of the query are obtained as required by the bank. 

    UNIT STANDARD NOTES 
    This unit standard has been replaced by unit standard 114760, which is "Trace banking-related entries on behalf of other parties", 4 credits, NQF Level 3 , as from 11 August 2004.

    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:

    IBT - Inter-branch Transaction
    ACB - Automated Clearing Bureau Magnetic Tape Service 

    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. Fachs Business Consulting and Training 
    2. Octomate Education Pty Ltd 
    3. SIGNA ACADEMY (PTY) LTD 
    4. Standard Bank Personal and Business Banking 
    5. 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.