Home >  Term: canceling and cutting control clerk
canceling and cutting control clerk

A professional who verifies amount and denominations of worn or mutilated currency for canceling and cutting in unit of Federal Reserve Bank. Respnsibilities include:

  • Counts amounts and denominations of worn or mutilated currency, using automatic counting machine.
  • Verifies entries on delivery and debit tickets.
  • Records amounts, denominations, and types (notes, certificates, old series) of currency processed and shipped for destruction.
  • Totals figures daily in ledger to prove transactions, using adding machine or calculator.
  • Oversees canceling and cutting operations to ensure custody of currency during operations.
  • Notifies U.S.
  • Treasury Department of daily disposition of specified categories of currency.
  • Compiles and prepares statistical reports.
0 0

Looja

  • Jason F
  • (United States of America)

  •  (V.I.P) 16216 points
  • 100% positive feedback
© 2024 CSOFT International, Ltd.