BANKING REQUIREMENTS. The following are the user requirements in respect of banking facilities for CCT. 1.1 INCOME i. Purpose: The Cashier Deposit Account will receive CCT cashier and TPC deposits, with a 12- digit DI. These deposits are from CCT receipting points and/or TPC, lodged to the bank either by a CIT company or direct by an individual. Validation of the DI by the bank’s system must meet the CDV rule as mentioned in Appendix A1. ii. Pre-Printed deposit books/pads are required to record individual cashiers’ deposits to this account. Type of pre-printed books/pads: ▪ Pre-printed carbonised deposit books (50 - in triplicate) with 12-digit DI and name of the site (provided by the CCT) with MICR Code. ▪ Pre-printed carbonised deposit pads (50) with MICR Code. The pad is to have 12 empty blocks for the CCT’s cashier to fill in their 12-digit DI. ▪ Blank non-carbonised pads (100) (A4) with MICR Code. CCT reserves the right to source these deposit books/pads either from the tenderer or another service provider. iii. The 12-digit DI is the only reference which must appear on the Cashiers Deposit bank statement when deposits are made. iv. Merchant services income will be deposited into this account.
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Sources: Memorandum of Agreement, Memorandum of Agreement, Memorandum of Agreement