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: 

Take in and control safe custody items in a banking environment 
SAQA US ID UNIT STANDARD TITLE
7324  Take in and control safe custody items in a 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 5  Level TBA: Pre-2009 was L5 
REGISTRATION STATUS REGISTRATION START DATE REGISTRATION END DATE SAQA DECISION NUMBER
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 does not replace any other unit standard and is not replaced by any other unit standard. 

PURPOSE OF THE UNIT STANDARD 
This unit standard is intended for people who deal with Safe Custody Items. A person credited with this unit standard will be able to take in, uplift and control Safe Custody Items. 

UNIT STANDARD RANGE 
Safe Custody Boxes, Safe Custody Envelopes, Built In safe Custody Lockers, Open Safe Custody. 

UNIT STANDARD OUTCOME HEADER 
Take In Safe Custody Item 

Specific Outcomes and Assessment Criteria: 

SPECIFIC OUTCOME 1 
Take In Safe Custody Item. 

ASSESSMENT CRITERIA
 

ASSESSMENT CRITERION 1 
1. The customer is informed of conditions and costs / fees pertaining to safe custody item in accordance with company specific requirements. 

ASSESSMENT CRITERION 2 
2. All relevant information is obtained and recorded in accordance with company specific requirements. 

ASSESSMENT CRITERION 3 
3. The safe custody item is placed in a secure environment in accordance with company specific requirements. 

SPECIFIC OUTCOME 2 
Uplift Safe Custody Items. 
OUTCOME RANGE 
Temporary Out, Permanently Out, Deceased Estates, Insolvent Persons. 

ASSESSMENT CRITERIA
 

ASSESSMENT CRITERION 1 
1. The customer / authorised person is positively identified in accordance with company specific requirements. 

ASSESSMENT CRITERION 2 
2. All relevant documentation is completed and the safe custody item is removed from the secure environment in accordance with company specific requirements. 

ASSESSMENT CRITERION 3 
3. The safe custody item is handed to the customer / authorised person and discharged in accordance with company specific requirements. 

SPECIFIC OUTCOME 3 
Control Items Held In Safe Custody. 

ASSESSMENT CRITERIA
 

ASSESSMENT CRITERION 1 
1. Safe custody fees are collected in accordance with company specific requirements. 

ASSESSMENT CRITERION 2 
2. Safe custody items are compared with records held in accordance with company specific requirements. 

ASSESSMENT CRITERION 3 
3. Safe custody fee defaulters are dealt with in accordance with company specific requirements. 


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 
  • knowledge of the conditions that apply with regards to safe keeping of Safe Custody Items;
  • knowledge of the costs/fees for the various items that can be held and the method of recovering these costs/fees;
  • knowledge of the company's security requirements relating to Safe Custody Items;
  • knowledge of the security features built into Identity Documents;
  • knowledge of the company's identification policy;
  • knowledge of mandates / signing arrangements. 


  • Critical Cross-field Outcomes (CCFO): 

    UNIT STANDARD CCFO COMMUNICATING 
    To communicate effectively when informing the customer about the costs and conditions pertaining to safe custody items and following up on safe custody fee defaulters. 

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

    QUALIFICATIONS UTILISING THIS UNIT STANDARD: 
      ID QUALIFICATION TITLE PRE-2009 NQF LEVEL NQF LEVEL STATUS END DATE PRIMARY OR DELEGATED QA FUNCTIONARY
    Elective  61589   National Certificate: Banking  Level 5  Level TBA: Pre-2009 was L5  Reregistered  2021-06-30  As per Learning Programmes recorded against this Qual 


    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. African Bank Ltd 
    2. Nedbank Ltd 
    3. The Facilitation Workshop 
    4. The Institute of Literacy Advancement 



    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.