SAQA

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SOUTH AFRICAN QUALIFICATIONS AUTHORITY

REGISTERED UNIT STANDARD THAT HAS PASSED THE END DATE:

Demonstrate skill in note handling

SAQA US ID	UNIT STANDARD TITLE
13425	Demonstrate skill in note handling
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	16
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 does not replace any other unit standard and is not replaced by any other unit standard.

PURPOSE OF THE UNIT STANDARD

This unit standard is intended for all learners who handle a large quantities of notes either in hand sorting or preparing notes for processing by machines.

Persons credited with this unit standard will be able to demonstrate knowledge and understanding of the criteria for identifying legal tender, identify and describe different categories of notes, hand sort a batch of notes, handle discrepancies, and prepare notes for processing in a note-sorting machine.

LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING

There is open access to this unit standard.

UNIT STANDARD RANGE

N/A

Specific Outcomes and Assessment Criteria:

SPECIFIC OUTCOME 1

Demonstrate knowledge and understanding of the criteria for identifying legal tender

ASSESSMENT CRITERIA

ASSESSMENT CRITERION 1

1. The criteria relating to legal tender/ notes reflected in the Reserve Bank Act are identified and explained according to the regulations.

ASSESSMENT CRITERION 2

2. The criteria relating to legal tender reflected in the Prevention of Counterfeit Currency Act are identified and explained according to the regulations.

ASSESSMENT CRITERION 3

3. The criteria relating to cash handling and legal tender reflected in the Reserve bank standing instructions are identified and explained according to the regulations.

SPECIFIC OUTCOME 2

Identify and describe different categories of notes

ASSESSMENT CRITERIA

ASSESSMENT CRITERION 1

1. Identify and describe the key identifying criteria of legal tender according to the legislation.

ASSESSMENT CRITERION 2

2. Identify and describe the key identifying criteria of counterfeit notes according to the legislation.

ASSESSMENT CRITERION 3

3. Identify and describe the key identifying criteria of mutilated notes according to the legislation.

ASSESSMENT CRITERION 4

4. Identify and describe the key identifying criteria of dye stained notes according to the legislation.

SPECIFIC OUTCOME 3

Hand sort a batch of notes

ASSESSMENT CRITERIA

ASSESSMENT CRITERION 1

1. Sorted notes are handled separately on a "throw out basis" according to standing instructions.

ASSESSMENT CRITERION 2

2. Sorted notes are collated facing the same way according to the pattern on the note.

ASSESSMENT CRITERION 3

3. Each note is checked and correctly classified as re-issuable or non-re-issuable according to category of note and processing quality criteria.

ASSESSMENT CRITERION 4

4. Sorted and discarded notes are counted during sorting according to the number of notes required in a bundle.

ASSESSMENT CRITERION 5

5. Sorted notes are bundled according to the correct number of forms required and the standard manner of tying and labelling a bundle.

ASSESSMENT CRITERION 6

6. Sorted notes are packed into a box according to standard bulk checking requirements.

SPECIFIC OUTCOME 4

Handle discrepancies

ASSESSMENT CRITERIA

ASSESSMENT CRITERION 1

1. The concept of processing notes deposited on a "said to contain" basis is explained according to laid down reserve bank operating procedures.

ASSESSMENT CRITERION 2

2. Under or over deposit of notes by a depositing banks are identified and are correctly processed and accounted for according to laid down reserve bank operating procedures.

ASSESSMENT CRITERION 3

3. Forged/counterfeit notes identified are correctly processed and accounted for according to laid down reserve bank operating procedures.

ASSESSMENT CRITERION 4

4. A note identified as having less than full value is correctly processed and accounted for according to laid down reserve bank operating procedures.

ASSESSMENT CRITERION 5

5. Foreign notes identified are correctly processed according to laid down reserve bank operating procedures.

ASSESSMENT CRITERION 6

6. Mutilated notes identified with no serial numbers are correctly processed and accounted for according to laid down reserve bank operating procedures.

SPECIFIC OUTCOME 5

Prepare notes for processing in a note-sorting machine

ASSESSMENT CRITERIA

ASSESSMENT CRITERION 1

1. The importance of preparation of notes prior to processing by the machine are understood and explained in terms of the potential impact on the machine, processing and productivity.

ASSESSMENT CRITERION 2

2. Notes to be removed prior to processing by the machine are identified and removed according to the requirements of the machine and the note processing procedure.

ASSESSMENT CRITERION 3

3. The notes are prepared for machine sorting as required by the machine and the departmental procedure.

ASSESSMENT CRITERION 4

4. The importance of maintaining a steady flow of notes ready for machine sorting is explained in terms of departmental practice, risk and productivity.

UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS

1 Anyone assessing a learner against this unit standard must be registered as an assessor with the relevant ETQA.
2 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.
3 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 that is accredited by the relevant ETQA.

UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE

The knowledge assessed in this standard is focused on the recognition of notes to be removed from processing and the visual confirmation of the quality criteria of fit notes. The standard recognises the importance of speed and quick recognition and handling of notes given the volume of note handled and processed. Thus competence requires eye hand coordination and some dexterity. The criteria against which this knowledge and skill is evaluated are expressed in the standard.

UNIT STANDARD DEVELOPMENTAL OUTCOME

N/A

UNIT STANDARD LINKAGES

N/A

Critical Cross-field Outcomes (CCFO):

UNIT STANDARD CCFO IDENTIFYING

In this standard the learner demonstrates the ability to identify and solve problems when notes to be removed prior to processing by the machine are identified and removed according to the requirements of the machine and the note processing procedure.

UNIT STANDARD CCFO ORGANISING

In this standard the learner demonstrates the ability to organise and manage oneself and one`s activities responsibly and effectively when each note is checked and correctly classified as re-issuable or non-reissuable according to category of note and processing quality criteria.

UNIT STANDARD CCFO COMMUNICATING

In this standard the learner demonstrates the ability to communicate effectively verbally when Identify and describe the key identifying criteria of counterfeit notes, mutilated notes, dye stained notes according to the legislation.

UNIT STANDARD CCFO CONTRIBUTING

In this standard the learner demonstrates the ability to understand the relationship between the importance of preparation of notes prior to processing by the machine and the potential impact on machine processing and productivity.

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

Additional information:

Legal requirements:

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

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.	Fachs Business Consulting and Training
2.	Octomate Education Pty Ltd
3.	SIGNA ACADEMY (PTY) LTD
4.	Trainers Without Borders