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SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED UNIT STANDARD THAT HAS PASSED THE END DATE: 

Trace banking-related entries on behalf of other parties 
SAQA US ID UNIT STANDARD TITLE
114760  Trace banking-related entries on behalf of other parties 
ORIGINATOR
SGB Banking and Micro Finance 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
BANKSETA - Banking Sector Education and Training Authority 
FIELD SUBFIELD
Field 03 - Business, Commerce and Management Studies Finance, Economics and Accounting 
ABET BAND UNIT STANDARD TYPE PRE-2009 NQF LEVEL NQF LEVEL CREDITS
Undefined  Regular  Level 3  NQF Level 03  4 
REGISTRATION STATUS REGISTRATION START DATE REGISTRATION END DATE SAQA DECISION NUMBER
Passed the End Date -
Status was "Reregistered" 		 2018-07-01  2023-06-30  SAQA 06120/18 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2024-06-30   2027-06-30  

In all of the tables in this document, both the pre-2009 NQF Level and the NQF Level is shown. In the text (purpose statements, qualification rules, etc), any references to NQF Levels are to the pre-2009 levels unless specifically stated otherwise.  

This unit standard replaces: 
US ID Unit Standard Title Pre-2009 NQF Level NQF Level Credits Replacement Status
7107  Trace banking-related entries on behalf of other parties  Level 3  NQF Level 03  4   

PURPOSE OF THE UNIT STANDARD 
This Unit Standard is for people supplying back office support in a Banking environment.

Persons credited with this Unit Standard will be able to
  • Verify the details of an entry.
  • Trace the entry.
  • Provide the other party with the relevant details. 
    		•

    LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
    It is assumed that learners accessing this Unit Standard are competent in Communication at NQF Level 2. 

    UNIT STANDARD RANGE 
  • Other parties include branches, agent banks, other departments.
  • The entry processing documentation is obtained from reports, transaction vouchers, original credits or debits, summary vouchers.
  • The processing details are checked against operator detail, tally totals, clearing envelope, amounts and dates of credits or debits, customer detail, IBT detail, ACB detail. 
    		•

    Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    Verify the details of the query. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    The query is recorded in line with the bank's procedures. 

    ASSESSMENT CRITERION 2 
    The full details of the query are obtained as required by the bank. 

    ASSESSMENT CRITERION 3 
    Confidentiality is ensured according to the Code of Banking Practice. 

    SPECIFIC OUTCOME 2 
    Trace the entry. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    The entry processing documentation is obtained as required by the bank. 

    ASSESSMENT CRITERION 2 
    The processing details are checked against the documentation or electronic images of the documentation according to the bank's procedures. 

    ASSESSMENT CRITERION 3 
    A copy of the documentation that provides the details of the queried transaction is obtained as required by the bank. 

    SPECIFIC OUTCOME 3 
    Provide the details of the queried transaction to the other party. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    The relevant query reply documentation is completed as required by the bank. 

    ASSESSMENT CRITERION 2 
    Copies of the transaction documentation are attached to the query documentation. 

    ASSESSMENT CRITERION 3 
    The relevant information is forwarded to the party initiating the query in line with the bank's procedures. 

    ASSESSMENT CRITERION 4 
    The query is signed off as required by the bank's procedures. 


    UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS 
  • Anyone assessing a learner against this Unit Standard must be registered as an assessor with the relevant ETQA, or with an ETQA that has a Memorandum of Understanding with the relevant ETQA.
  • Any institution offering learning that will enable achievement of this Unit Standard or assessing this Unit Standard must be accredited as a provider with the relevant ETQA, or with an ETQA that has a Memorandum of Understanding with the relevant ETQA.
  • Moderation of assessment will be overseen by the relevant ETQA according to the moderation guidelines in the relevant qualification and the agreed ETQA procedures.

    Therefore anyone wishing to be assessed against this Unit Standard may apply to be assessed by any assessment agency, assessor or provider institution, which is accredited by the relevant ETQA. or by an ETQA that has a Memorandum of Understanding with the relevant ETQA. 
    		•

    UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE 
  • All relevant banking policies and procedures.
  • Workflow.
  • Operating and computer systems knowledge to locate the necessary information and complete the task.
  • Operational risk.
  • Relevant security precautions.
  • Knowledge of ACB procedures. 
    		•

    UNIT STANDARD DEVELOPMENTAL OUTCOME 
    N/A 

    UNIT STANDARD LINKAGES 
    N/A 


    Critical Cross-field Outcomes (CCFO): 

    UNIT STANDARD CCFO ORGANISING 
    To work effectively with others as a member of a team, group, organisation and community when the relevant information is forwarded to the party initiating the query in line with the bank's procedures. 

    UNIT STANDARD CCFO COLLECTING 
    To organise and manage oneself and one's activities responsibly and effectively when the query is signed off as required by the bank's procedures. 

    UNIT STANDARD CCFO COMMUNICATING 
    To collect, organise and critically evaluate information when the full details of the query are obtained as required by the bank. 

    UNIT STANDARD ASSESSOR CRITERIA 
    N/A 

    REREGISTRATION HISTORY 
    As per the SAQA Board decision/s at that time, this unit standard was Reregistered in 2012; 2015. 

    UNIT STANDARD NOTES 
    This unit standard replaces unit standard 7107, which is "Trace banking-related entries on behalf of other parties", 4 credits, level 3.

    Legal Requirements
  • All procedures must meet recognised codes of practice as well as obligations required under current legislation within South Africa and within the normal parameters of the defined job/task.

    Terminology
  • IBT - Inter-branch Transaction
  • ACB - Automated Clearing Bureau Magnetic Tape Service 
    		•

    QUALIFICATIONS UTILISING THIS UNIT STANDARD: 
      ID QUALIFICATION TITLE PRE-2009 NQF LEVEL NQF LEVEL STATUS END DATE PRIMARY OR DELEGATED QA FUNCTIONARY
    Elective  20184   National Certificate: Banking  Level 3  NQF Level 03  Passed the End Date -
    Status was "Reregistered"     		 2023-06-30  BANKSETA 


    PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS UNIT STANDARD: 
    This information shows the current accreditations (i.e. those not past their accreditation end dates), and is the most complete record available to SAQA as of today. Some Primary or Delegated Quality Assurance Functionaries have a lag in their recording systems for provider accreditation, in turn leading to a lag in notifying SAQA of all the providers that they have accredited to offer qualifications and unit standards, as well as any extensions to accreditation end dates. The relevant Primary or Delegated Quality Assurance Functionary should be notified if a record appears to be missing from here.
     
    1. Absa Learning & Development 
    2. Fachs Business Consulting and Training 
    3. Octomate Education Pty Ltd 
    4. SIGNA ACADEMY (PTY) LTD 
    5. Trainers Without Borders 


    All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.