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Erudite AfricaCenter of Excellence
← Domestic Banking Operations

Cheques, clearing and domestic transfers

Module 04 / 5 · 65 min

Examine, endorse and clear cheques, apply the insufficient-fund cheque rules and stop payment orders, and process domestic transfers, CPOs and lost instruments.

In this module you will learn to

  • Check a cheque's essential elements under Commercial Code No. 1243/2021
  • Apply the rules on endorsement and crossing
  • Explain clearing through the cheque truncation system, the automated clearing house and RTGS
  • Apply the three-strike insufficient-fund cheque rules and the NBE delinquent list
  • Process stop payment orders, domestic transfers, CPOs and lost CPOs correctly

Built on

  • Erudite Africa training module: Domestic Banking Operations: 5-Day Course (October 2026)
  • A commercial bank's branch operations procedure manual (2018), unnamed, with example figures to be replaced by each bank's current rules
  • NBE Proclamation No. 1359/2025 and NBE directives as listed in the lessons (NBE/INT/13/2026, FXD/01/2024, FXD/04/2026, ONPS/09/2023, FCP/01/2020, FCPED/142/26)
  • Commercial Code Proclamation No. 1243/2021, Proclamation No. 780/2013 and Civil Society Organizations Proclamation No. 1113/2019
  • Erudite Africa Ethiopian context module (39 topics), October 2026
  • A commercial bank's Revised Credit Procedure Manual (2025), unnamed

Examples and companies are fictional. Bank practices are shown as typical Ethiopian practice, not as any one bank's policy. Always apply your own institution's approved policy and the current NBE directives.