Документ взят из кэша поисковой машины. Адрес оригинального документа : http://star.arm.ac.uk/~jgd/outgoing/Armagh_CU/WORD/CHEQUE_POLICY.doc Дата изменения: Fri Dec 18 12:10:29 2015 Дата индексирования: Sun Apr 10 11:35:54 2016 Кодировка:

Cheque Signatories Policy

This policy was adopted by the Board of Directors of Armagh Credit Union
Limited.







Signed:-



Position ________________





Position ________________





Date:









The purpose of this policy is to ensure that ALL cheques are covered by two
signatures and to ensure that new Bank Mandates are completed each year
indicating the approved signatories for the forthcoming year.

At the first meeting of the new Board of Directors following the Annual
General Meeting the Board must approve cheque signatories.



Bank Mandates:

Bank mandates for the Bank of Ireland and First Trust must be completed.

Each authorised signatory must supply:

Signature

All information required by law (eg. Photographic proof of identity, etc.)



Authorised Signatories:

Authorised signatories are:

The following Board Officers can sign cheques; President, Vice-President,
Treasurer, Secretary

Manager

Assistant Manager

All nominated Tellers



Signing Instructions:

ALL cheques require TWO signatures. Before countering-signing, a check on
the details must be made to ensure procedures/checks are followed.



Internal Cheques:

Any two members of staff who are Authorised Signatories, by the Board, may
co-sign an internal cheque to ё 5,000, anything above ё 5,000 should be
referred to Manager/ Assistant Manager.



Cheque Limits: Individual cheque signing limits are as contained within the
Loans Policy.

Individual Staff Loan Limits



|Name |Max Loan Limit | |
|Manager |Shares + ё12000 | |
|Assistant |Shares + ё10000 | |
|Manager | | |
|Grainne |Shares + ё5000 | |
|Graham | | |
|AnneMarie |Shares + ё5000 | |
|Kelly | | |
|Kiera |Shares + ё5000 | |
|McCormack | | |
|Celene Garvey|Shares + ё5000 | |
|Joanne Smith |Shares + ё5000 | |
|Maria Periera|Up to Share Holding | |
|Maeve Guy |Up to Share Holding | |
|Megan McKenna|Up to Share Holding | |
|Lisa Ryan |Up to Share Holding | |
| | | |








Other cheques:

Staff salaries; MUST be signed by President/Treasurer or his/her nominee
and Manager/Assistant Manager/ nominated Board Member

Cheques to Staff; All cheques to a fellow staff member MUST be counter-
signed by the Manager/Assistant Manager/nominated Board Member.

National Insurance; MUST be signed by President/Treasurer or his/her
nominee and Manager/Assistant Manager/ Board Member

Pension; MUST be signed by President/Treasurer or his/her nominee and
Manager/Assistant Manager/ Board Member

HM Revenue & Customs; MUST be signed by President/Treasurer or his/her
nominee and Manager/Assistant Manager/ Board Member

Payment of Credit Union Bills (up to value of ё100); MUST be signed by
Manager/Assistant Manager and member of staff who is an Authorised
Signatory

Payment of Credit Union Bills (above ё100.01); MUST be signed by
President/Treasurer or his/her nominee and Manager/Assistant Manager/ Board
Member

Loans/Share withdrawals (within Teller's loan limit); Teller issuing
loan/withdrawal and Manager/Assistant Manager/Another Teller (providing the
cheque is not above the co-signing Teller's loan limit and that co-signing
Teller checks loan application

Loans/Share withdrawals (above individual's loan limit); Manager/Assistant
Manager/Board Member - any two of these or one of these and Teller.