Respected Sir(s) / Madam(s),
A kind reference is invited to CEPT email dated 22ndMarch 2017. A cut-off date of 15th April 2017 is fixed to make all teller cash “Zero”.
Critical parameter check is proposed to be introduced from 16th April 2017:
- A validation is set as a parameter to check before HISCOD is completed
- Those offices, where the users are having balance in teller account will not be able to close their offices
- Respective CPCs will not be able to run HSCOD if this validation fails
- Hence, it is once again requested that severe and critical instructions may kindly be issued to all concerned and SPOCS to ensure that teller account of all users (including those who are not part of CBS wherever they are working) are made ZERO before 15th April 2017
- All necessary support would be extended to address the problems in POs
With effect from 16th April 2017, the validation to check as to whether the teller account of those users attached to the SOLs are ZERO before completing HISCOD will be introduced.
As part of vigilance initiative and prevention of frauds, this has the approval of FS division.
Yours Sincerely,
(V M Sakthivelu)
Deputy Director CEPT
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