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: 

Scrutinise vouchers for banking-related technical irregularities within the banking environment 
SAQA US ID UNIT STANDARD TITLE
7135  Scrutinise vouchers for banking-related technical irregularities within the banking environment 
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  2 
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
114745  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. Persons
credited with this unit standard will be able to examine and process vouchers, and identify and deal with technical irregularities. 

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

UNIT STANDARD RANGE 
Cheques, MICR customer vouchers. 

UNIT STANDARD OUTCOME HEADER 
Examine vouchers or copies of vouchers 

Specific Outcomes and Assessment Criteria: 

SPECIFIC OUTCOME 1 
Examine vouchers or copies of vouchers. 

ASSESSMENT CRITERIA 

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

ASSESSMENT CRITERION 2 
2. All vouchers are examined for completeness as required by the bank. 
ASSESSMENT CRITERION RANGE 
Including but not limited to correct preparation, date stamp, authentication and validity.
 

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

ASSESSMENT CRITERION 4 
4. The vouchers' compliance with the terms of the Bills of Exchange Act is ensured. 

ASSESSMENT CRITERION 5 
5. The vouchers are annotated and initialled as per the bank's procedures. 
ASSESSMENT CRITERION RANGE 
Including but not limited to cancel signature, answer appropriately on irregular cheque.
 

SPECIFIC OUTCOME 2 
Process the vouchers and reports. 

ASSESSMENT CRITERIA 

ASSESSMENT CRITERION 1 
1. Vouchers that require further processing are sent to the relevant departments as required by the bank. 
ASSESSMENT CRITERION RANGE 
Including but not limited to stop payments, special clearance, Forex requirements.
 

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

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

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

SPECIFIC OUTCOME 3 
Check for irregularities. 

ASSESSMENT CRITERIA 

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

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

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

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

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

ASSESSMENT CRITERION 6 
6. Cheques are scrutinised for unauthorised amendments as required by the bank. 
ASSESSMENT CRITERION RANGE 
Including but not limited to beneficiary details, amounts.
 

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

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

ASSESSMENT CRITERION 9 
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 
1. Queries are investigated and resolved before the daily cut off time and in the manner required by the bank. 

ASSESSMENT CRITERION 2 
2. All unresolved queries are referred to the supervisor/manager 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.

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. 
    		•


    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 NOTES 
    This unit standard has been replaced by unit standard 114745, which is "Scrutinise vouchers for banking-related technical irregularities within the banking environment", 2 credits, NQF Level 3, as from 11 Aug 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:

    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. 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.