IMPORTANT NEWS align=center

Sunday 26 June 2016

Smooth functioning of POSB operations & prevention of frauds in CBS offices

18. No BPM should accept cash deposit transaction for more than Rs.25,000/- in any account in a day. Instructions in this regard should issue by Circles/Regions and Divisions.

20. BO transactions should not be entered in Finacle if BO Bag is received after 3:.30 PM. These transactions should be entered on the next day.
21. All CBS Post Offices should complete their transactions maximum by 5 PM and no new transactions should be entered after 5 PM. All Supervisors should verify transactions regularly without any delay. For any delayed verification of more than 30 minutes, Supervisor will be held responsible except in Single/Double handed offices where it will be 60 minutes.


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