To clear outward check, there are steps to follow:
- Bank teller receive local check from customer to deposit cash in the account with the bank
- Check verification: amount in letter as in number? check date (less than 6 months)? address of bank's check? MICR Number (check number, routing number, drawee account number)? account number in Deposit slip? Signature (exist)? Condition of check paper?
- Data entry to recording clearing system of a bank
- Authorization from supervisor for settlement of check
- Print voucher on Deposit slip and sign near your ID User
- Seal the Clearing with date to clear at the back of each local check
- MICR Number Entry to interface for check entry
- Export from interface to computer as export input
- Log in to clearing house on NBC website
- Upload export input for all local checks to clear
- Copy local check and print report for check entry to recording clearing system
- Print check summary and in USD/KHR from interface
- Compare the total amount in Summary with report from recording clearing system
- Sign on each USD/KHR as well as summary and take them to NBC Clearing House
- Share documents to each bank and getting back one paper of report on recording clearing system
- Sign the attendance at clearing house in the morning
- Afternoon, go to NBC again to ensure there is no return from other banks
- Release local check to each customer account for use if no return
By: POK Panhavuth
