Remittance related duties

Duties- Remittance related

The Mail overseer should verify• cash and stamp balance

• Money order form accounts &Whether sufficient number of eMO booking forms are available at Bos

• liabilities

• reasons for non-payment of Money orders

• other non payments– Eg; SB warrants, Acquittance rolls etc.

 

Line Limit

Category of staff Aggregate value (Rs) Remarks

Postman [urban] 30000

Postman (Rural) 20000

GDS MD (Urban) 5000 10000(*)

GDS MD(Rural) 5000 10000(*)

GDS MD (For single MO)

2000 5000 (*)

Insured and VP articles - Door delivery up to Rs 500 ONLY> Rs 500 – Intimation to be served

(*)- under orders of the divisional head

VIDE RULE NO 22 OF BO RULES

Duties- Remittance related

RULE NO 355 OF POSTAL MANUAL VOL VIII

What is MS 87 (a) ?????

Can you recall ????

Duties- Remittance related

With regard to MS 87 (a) receipts:

The Mail overseer should check if • The receipt issued by the account office for a

money order matches with the MS-87 (a)• If the money order amount credited is in the BO

account• Necessary entries are made in the BO journal

Duties- Remittance related

In Money order paid verification:

• The mail overseer should verify– The date of receipt of the money order with BO

slip, BO JL, Postman Book– If the money order is paid without delay– If the unpaid money orders have been noted in

red ink in BO journal– If the remarks on the unpaid money orders are

justified– At least 5O money orders in the beat

The mail overseer should submit the money order paid verification statement in time.

Group Discussion

• Class to be divided into 4 groups for discussion on Remittance related Case Studies

• Have you noticed any irregularities during your visit?