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SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED UNIT STANDARD: 

Process unpaid, late unpaid and rejected cheques in a banking environment 
SAQA US ID UNIT STANDARD TITLE
114776  Process unpaid, late unpaid and rejected cheques 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 3  NQF Level 03 
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 replaces: 
US ID Unit Standard Title Pre-2009 NQF Level NQF Level Credits Replacement Status
7131  Process unpaid, late unpaid and rejected cheques in a banking environment  Level 3  NQF Level 03  Complete 

PURPOSE OF THE UNIT STANDARD 
This Unit Standard is for persons supplying back office support services in a Banking environment

Persons credited with this Unit Standard will be able to:
  • Identify unpaid and rejected cheques on a report
  • Process late unpaid cheques
  • Follow-up on unpaid, late unpaid and rejected cheques 

  • LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
    It is assumed that learners accessing this Unit Standard are competent in Communication at NQF Level 2. 

    UNIT STANDARD RANGE 
    N/A 

    Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    Identify unpaid and rejected cheques on a report. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    The status message on the report is checked, as required by the bank, for the reason for unpaid and reject cheques. 

    ASSESSMENT CRITERION 2 
    All cheques are sorted according to the status message as required by the bank. 

    SPECIFIC OUTCOME 2 
    Process late unpaid cheques. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    The cheque is collected from the bulk file department according to the bank's procedures. 

    ASSESSMENT CRITERION 2 
    The cheque is processed as required by the bank's procedures. 

    ASSESSMENT CRITERION 3 
    Relevant data is captured according to the bank's procedures. 

    ASSESSMENT CRITERION 4 
    The branch is notified, according to the bank's procedures, of the reason why the cheque was unpaid or rejected. 

    SPECIFIC OUTCOME 3 
    Follow-up on unpaid, late unpaid and rejected cheques. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    Details of unpaid/reject cheques are confirmed with the relevant branches as required by the bank's procedures. 

    ASSESSMENT CRITERION 2 
    The daily report is completed as required by the bank. 

    ASSESSMENT CRITERION 3 
    Unpaid/reject cheques are submitted to the relevant department for processing 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, or with an ETQA that has a Memorandum of Understanding 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, or with an ETQA that has a Memorandum of Understanding 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. or by an ETQA that has a Memorandum of Understanding with 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. 

  • UNIT STANDARD DEVELOPMENTAL OUTCOME 
    N/A 

    UNIT STANDARD LINKAGES 
    N/A 


    Critical Cross-field Outcomes (CCFO): 

    UNIT STANDARD CCFO WORKING 
    To work effectively with others as a member of a team, group, organisation and community when the cheque is collected from the bulk file department according to the bank's procedures. 

    UNIT STANDARD CCFO ORGANISING 
    To organise and manage oneself and one's activities responsibly and effectively when the daily report is completed as required by the bank. 

    UNIT STANDARD CCFO COLLECTING 
    To collect, organise and critically evaluate information when all cheques are sorted according to the status message as required by the bank. 

    UNIT STANDARD CCFO COMMUNICATING 
    To communicate effectively using visual, mathematical and language skills in the modes of oral and written presentations when relevant data is captured according to the bank's procedures. 

    UNIT STANDARD ASSESSOR CRITERIA 
    N/A 

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

    UNIT STANDARD NOTES 
    As from the date of registration of this unit standard, it replaces unit standard 7131 which was "Process unpaid, late unpaid and rejected cheques in a banking environment", 4 credits, NQF level 3.

    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. 

  • 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  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.
     
    NONE 



    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.