Thursday, 28 November 2013

Duties of Universal Teller in Banking sector

Role of Universal Teller in Banking sector.



In addition to the duties of clerical cadre, duties of UT shall be as under: 

  1. Receive cheques/ withdrawal forms/ demand drafts/ bankers’ cheques, process, verify that the instrument is correctly drawn, verify customers account details, operational instructions and correctness of endorsements; 

  2. Verify customer’s signature, post transactions in branch computer system and authenticate/ independently pass and make payment of cheques/ withdrawals forms/ demand drafts/ bankers’ cheques up to and including Rs.35,000/-; 

  3. Receive Cash and whenever necessary, stamp, sign and issue counter slips/ acknowledgements up to and including Rs.40,000/-;

  4. Accept cash from Head Cashier, maintain and manage records, tally cash and hand over remaining cash to
  5. Head Cashier and generation of relevant/ required reports;

  6. Update pass books;

  7. Accept instruments for transfer, give due acknowledgements, process, post and authenticate/pass independently up to and including Rs.1,00,000/-;

  8. Prepare print and issue remittance instruments i.e. DD/MT/BC and relative advices wherever required, paste protective tapes and punch values where applicable and sign them independently up to and including Rs.25,000/-.

  9. For DD/MT/BC beyond Rs.25,000/- the Universal Teller will be required to print and only sign as second signatory.

  10. Accept instruments for clearing/collection and give due acknowledgements;

  11. To briefly explain the features of Bank’s various products and services to customers, to reply their queries and to refer interested customers to appropriate specialized sales personnel.

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