Bank
Monthly Assessment

BANK:  ACCESS BANK PLC.                                                                                   PERIOD:  AUGUST
2013

S/NO

CRITERIA

FORMULATION

Max. Points
Obtainable

Points Obtained

PERCENTAGE

1

Instant Receipts
Compliance

No of branches
issuing instant receipts/ No of State Branches of current Banks

1

0.81

81%

2

Value of monthly
collection

Value of
collections by Bank (=N=) /Total value from all Banks

3

0.15

5%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.09

5%

4

Unsynchronized
cards

(Total number of
cards issued to Bank - Total number of Unsynchronized cards)/ Total number of
cards issued to Bank

3

1.40

47%

5

Prompt Movement of
funds of revenue call and Expenditure Account

Total No of Actual Timely Transfers (Both
Rev and Expenditure)/ Total No of Expected Transfers (Both Rev and Expenditure)

1

1.00

100%

6

Balancing all
LASG accounts with Alpha-Beta Consulting Ltd.

Total number of balanced
Accounts/Total number of all Accounts  For Current Bank

3

1.33

44%

7

Balancing of
PAYE and WHT Accounts

Neither Balanced
= 0

Either Balanced
= 1

Both Balanced =
2

2

0.00

0%

8

Correct C.O.T
charges (1.00 per mil)

Expected
charges/ Actual charges

1

1.00

100%

9

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

0.00

0%

10

Prompt response
to instructions from the Accountant General in respect of funds

Number of
compliance within 48 hours/number of instructions given to Bank

1

1.00

100%

11

Reversal of
Collection

(Total number of
Transaction from Bank – Total number of reversal due to error)/Total
number of transaction from Bank

2

1.99

100%

Total

20

8.77

44%

ACCESS BANK PLC.

Data

No of State
Branches of current Bank

105

No of branches
issuing instant receipts

85

Total Monthly Collection from all banks

17,882,977,278.49

Total Monthly Collection from Current
bank

908,245,667.04

Total Number of Transactions From All
Banks

64727

Total Number of Transactions From Current
Bank

2765

Total number of
cards issued to Banks by Current Bank

593

Total number of
Unsynchronized cards by Current Bank

317

Total No of Expected Transfers (Both Rev
and Expenditure)

20

Total No of Actual Timely Transfers (Both
Rev and Expenditure)

20

Total number of
all Accounts  For Current Bank

36

Total number of balanced
Accounts

16

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

372,613.15

Actual COT
charges By Current Bank

372,613.85

Expected
interest Charges By Current Bank

858,050.83

Actual interest
Charges By Current Bank

Number of
instructions From AG (Inter Bank Transfer)

Number of
compliance within 48 hours (Inter Bank transfer)

Total Number of Reversal due to Error

16

NOTE: THE BLANK FIELD INDICATE THAT THERE
IS NO RELEVANT DATA FROM BANK OR ZERO COMPLIANCE.

Bank Monthly Assessment

BANK:  CITIBANK NIGERIA LIMITED                                                                                        PERIOD:  AUGUST
2013

S/NO

CRITERIA

FORMULATION

Max. Points
Obtainable

Points Obtained

PERCENTAGE

1

Instant Receipts
Compliance

No of branches
issuing instant receipts/ No of State Branches of current Banks

1

0.50

50%

2

Value of monthly
collection

Value of
collections by Bank (=N=) /Total value from all Banks

3

0.12

4%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.01

1%

4

Unsynchronized
cards

(Total number of
cards issued to Bank - Total number of Unsynchronized cards)/ Total number of
cards issued to Bank

3

1.20

40%

5

Prompt Movement of
funds of revenue call and Expenditure Account

Total No of Actual Timely Transfers (Both
Rev and Expenditure)/ Total No of Expected Transfers (Both Rev and Expenditure)

1

1.00

100%

6

Balancing all
LASG accounts with Alpha-Beta Consulting Ltd.

Total number of balanced
Accounts/Total number of all Accounts  For Current Bank

3

2.00

67%

7

Balancing of
PAYE and WHT Accounts

Neither Balanced
= 0

Either Balanced
= 1

Both Balanced =
2

2

0.00

0%

8

Correct C.O.T
charges (1.00 per mil)

Expected
charges/ Actual charges

1

1.00

100%

9

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

1.00

100%

10

Prompt response
to instructions from the Accountant General in respect of funds

Number of
compliance within 48 hours/number of instructions given to Bank

1

1.00

100%

11

Reversal of
Collection

(Total number of
Transaction from Bank – Total number of reversal due to error)/Total
number of transaction from Bank

2

2.00

100%

Total

20

9.83

49%

CITIBANK NIGERIA LIMITED

Data

No of State
Branches of current Bank

4

No of branches
issuing instant receipts

2

Total Monthly Collection from all banks

17,882,977,278.49

Total Monthly Collection from Current
bank

712,431,329.92

Total Number of Transactions From All
Banks

64727

Total Number of Transactions From Current
Bank

228

Total number of
cards issued to Banks by Current Bank

20

Total number of
Unsynchronized cards by Current Bank

12

Total No of Expected Transfers (Both Rev
and Expenditure)

20

Total No of Actual Timely Transfers (Both
Rev and Expenditure)

20

Total number of
all Accounts  For Current Bank

6

Total number of balanced
Accounts

4

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

646,843.76

Actual COT
charges By Current Bank

646,843.76

Expected
interest Charges By Current Bank

832,963.43

Actual interest
Charges By Current Bank

832,963.41

Number of
instructions From AG (Inter Bank Transfer)

Number of
compliance within 48 hours (Inter Bank transfer)

Total Number of Reversal due to Error

NOTE: THE BLANK FIELD INDICATE THAT THERE
IS NO RELEVANT DATA FROM BANK OR ZERO COMPLIANCE.

Bank Monthly Assessment

BANK:  DIAMOND BANK PLC                                                                                PERIOD:  AUGUST
2013

S/NO

CRITERIA

FORMULATION

Max. Points
Obtainable

Points Obtained

PERCENTAGE

1

Instant Receipts
Compliance

No of branches
issuing instant receipts/ No of State Branches of current Banks

1

0.90

90%

2

Value of monthly
collection

Value of
collections by Bank (=N=) /Total value from all Banks

3

0.08

3%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.02

1%

4

Unsynchronized
cards

(Total number of
cards issued to Bank - Total number of Unsynchronized cards)/ Total number of
cards issued to Bank

3

0.61

20%

5

Prompt Movement of
funds of revenue call and Expenditure Account

Total No of Actual Timely Transfers (Both
Rev and Expenditure)/ Total No of Expected Transfers (Both Rev and Expenditure)

1

0.85

85%

6

Balancing all
LASG accounts with Alpha-Beta Consulting Ltd.

Total number of balanced
Accounts/Total number of all Accounts  For Current Bank

3

2.54

85%

7

Balancing of
PAYE and WHT Accounts

Neither Balanced
= 0

Either Balanced
= 1

Both Balanced =
2

2

1.00

50%

8

Correct C.O.T
charges (1.00 per mil)

Expected
charges/ Actual charges

1

1.00

100%

9

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

1.00

100%

10

Prompt response
to instructions from the Accountant General in respect of funds

Number of
compliance within 48 hours/number of instructions given to Bank

1

1.00

100%

11

Reversal of
Collection

(Total number of
Transaction from Bank – Total number of reversal due to error)/Total
number of transaction from Bank

2

1.99

100%

Total

20

10.99

55%

DIAMOND BANK PLC

Data

No of State
Branches of current Bank

69

No of branches
issuing instant receipts

62

Total Monthly Collection from all banks

17,882,977,278.49

Total Monthly Collection from Current
bank

486,576,432.37

Total Number of Transactions From All
Banks

64727

Total Number of Transactions From Current
Bank

767

Total number of
cards issued to Banks by Current Bank

352

Total number of
Unsynchronized cards by Current Bank

281

Total No of Expected Transfers (Both Rev
and Expenditure)

20

Total No of Actual Timely Transfers (Both
Rev and Expenditure)

17

Total number of
all Accounts  For Current Bank

13

Total number of balanced
Accounts

11

Balancing of
PAYE and WHT Accounts

1.00

Expected COT
charges For Current Bank

396,911.31

Actual COT
charges By Current Bank

396,911.31

Expected
interest Charges By Current Bank

499,456.30

Actual interest
Charges By Current Bank

499,415.25

Number of
instructions From AG (Inter Bank Transfer)

Number of
compliance within 48 hours (Inter Bank transfer)

Total Number of Reversal due to Error

2

NOTE: THE BLANK FIELD INDICATE THAT THERE
IS NO RELEVANT DATA FROM BANK OR ZERO COMPLIANCE.

Bank Monthly Assessment

BANK:  ECOBANK NIGERIA PLC                                                                                      PERIOD:  AUGUST
2013

S/NO

CRITERIA

FORMULATION

Max. Points
Obtainable

Points Obtained

PERCENTAGE

1

Instant Receipts
Compliance

No of branches
issuing instant receipts/ No of State Branches of current Banks

1

0.61

61%

2

Value of monthly
collection

Value of
collections by Bank (=N=) /Total value from all Banks

3

0.08

3%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.10

5%

4

Unsynchronized
cards

(Total number of
cards issued to Bank - Total number of Unsynchronized cards)/ Total number of
cards issued to Bank

3

1.95

65%

5

Prompt Movement of
funds of revenue call and Expenditure Account

Total No of Actual Timely Transfers (Both
Rev and Expenditure)/ Total No of Expected Transfers (Both Rev and Expenditure)

1

0.95

95%

6

Balancing all
LASG accounts with Alpha-Beta Consulting Ltd.

Total number of balanced
Accounts/Total number of all Accounts  For Current Bank

3

1.57

52%

7

Balancing of
PAYE and WHT Accounts

Neither Balanced
= 0

Either Balanced
= 1

Both Balanced =
2

2

0.00

0%

8

Correct C.O.T
charges (1.00 per mil)

Expected
charges/ Actual charges

1

1.00

100%

9

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

1.00

100%

10

Prompt response
to instructions from the Accountant General in respect of funds

Number of
compliance within 48 hours/number of instructions given to Bank

1

1.00

100%

11

Reversal of
Collection

(Total number of
Transaction from Bank – Total number of reversal due to error)/Total
number of transaction from Bank

2

1.96

98%

Total

20

10.22

51%

ECOBANK NIGERIA PLC

Data

No of State
Branches of current Bank

54

No of branches
issuing instant receipts

33

Total Monthly Collection from all banks

17,882,977,278.49

Total Monthly Collection from Current
bank

500,385,829.37

Total Number of Transactions From All
Banks

64727

Total Number of Transactions From Current
Bank

3190

Total number of
cards issued to Banks by Current Bank

470

Total number of
Unsynchronized cards by Current Bank

165

Total No of Expected Transfers (Both Rev
and Expenditure)

20

Total No of Actual Timely Transfers (Both
Rev and Expenditure)

19

Total number of
all Accounts  For Current Bank

23

Total number of balanced
Accounts

12

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

157,579.71

Actual COT
charges By Current Bank

157,588.11

Expected
interest Charges By Current Bank

122,651.29

Actual interest
Charges By Current Bank

122,651.29

Number of
instructions From AG (Inter Bank Transfer)

Number of
compliance within 48 hours (Inter Bank transfer)

Total Number of Reversal due to Error

67

NOTE: THE BLANK FIELD INDICATE THAT THERE
IS NO RELEVANT DATA FROM BANK OR ZERO COMPLIANCE.

Bank Monthly Assessment

BANK:  ENTERPRISE BANK LIMITED                                                                                         PERIOD:  AUGUST
2013

S/NO

CRITERIA

FORMULATION

Max. Points
Obtainable

Points Obtained

PERCENTAGE

1

Instant Receipts
Compliance

No of branches
issuing instant receipts/ No of State Branches of current Banks

1

0.80

80%

2

Value of monthly
collection

Value of
collections by Bank (=N=) /Total value from all Banks

3

0.07

2%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.04

2%

4

Unsynchronized
cards

(Total number of
cards issued to Bank - Total number of Unsynchronized cards)/ Total number of
cards issued to Bank

3

2.08

69%

5

Prompt Movement of
funds of revenue call and Expenditure Account

Total No of Actual Timely Transfers (Both
Rev and Expenditure)/ Total No of Expected Transfers (Both Rev and Expenditure)

1

1.00

100%

6

Balancing all
LASG accounts with Alpha-Beta Consulting Ltd.

Total number of balanced
Accounts/Total number of all Accounts  For Current Bank

3

1.83

61%

7

Balancing of
PAYE and WHT Accounts

Neither Balanced
= 0

Either Balanced
= 1

Both Balanced =
2

2

0.00

0%

8

Correct C.O.T
charges (1.00 per mil)

Expected
charges/ Actual charges

1

1.00

100%

9

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

1.00

100%

10

Prompt response
to instructions from the Accountant General in respect of funds

Number of
compliance within 48 hours/number of instructions given to Bank

1

0.50

50%

11

Reversal of
Collection

(Total number of
Transaction from Bank – Total number of reversal due to error)/Total
number of transaction from Bank

2

1.99

100%

Total

20

10.31

52%

ENTERPRISE BANK LIMITED

Data

No of State
Branches of current Bank

55

No of branches
issuing instant receipts

44

Total Monthly Collection from all banks

17,882,977,278.49

Total Monthly Collection from Current
bank

432,543,798.88

Total Number of Transactions From All
Banks

64727

Total Number of Transactions From Current
Bank

1396

Total number of
cards issued to Banks by Current Bank

355

Total number of
Unsynchronized cards by Current Bank

109

Total No of Expected Transfers (Both Rev
and Expenditure)

20

Total No of Actual Timely Transfers (Both
Rev and Expenditure)

20

Total number of
all Accounts  For Current Bank

18

Total number of balanced
Accounts

11

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

306,000.00

Actual COT
charges By Current Bank

306,000.00

Expected
interest Charges By Current Bank

319,721.10

Actual interest
Charges By Current Bank

319,721.10

Number of
instructions From AG (Inter Bank Transfer)

2

Number of
compliance within 48 hours (Inter Bank transfer)

1

Total Number of Reversal due to Error

7

NOTE: THE BLANK FIELD INDICATE THAT THERE
IS NO RELEVANT DATA FROM BANK OR ZERO COMPLIANCE.

Bank Monthly Assessment

BANK:  FIRST BANK OF NIGERIA PLC                                                                                       PERIOD:  AUGUST
2013

S/NO

CRITERIA

FORMULATION

Max. Points
Obtainable

Points Obtained

PERCENTAGE

1

Instant Receipts
Compliance

No of branches
issuing instant receipts/ No of State Branches of current Banks

1

0.79

79%

2

Value of monthly
collection

Value of
collections by Bank (=N=) /Total value from all Banks

3

0.25

8%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.16

8%

4

Unsynchronized
cards

(Total number of
cards issued to Bank - Total number of Unsynchronized cards)/ Total number of
cards issued to Bank

3

1.69

56%

5

Prompt Movement of
funds of revenue call and Expenditure Account

Total No of Actual Timely Transfers (Both
Rev and Expenditure)/ Total No of Expected Transfers (Both Rev and Expenditure)

1

0.95

95%

6

Balancing all
LASG accounts with Alpha-Beta Consulting Ltd.

Total number of balanced
Accounts/Total number of all Accounts  For Current Bank

3

1.70

57%

7

Balancing of
PAYE and WHT Accounts

Neither Balanced
= 0

Either Balanced
= 1

Both Balanced =
2

2

0.00

0%

8

Correct C.O.T
charges (1.00 per mil)

Expected
charges/ Actual charges

1

1.00

100%

9

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

0.16

16%

10

Prompt response
to instructions from the Accountant General in respect of funds

Number of
compliance within 48 hours/number of instructions given to Bank

1

1.00

100%

11

Reversal of
Collection

(Total number of
Transaction from Bank – Total number of reversal due to error)/Total
number of transaction from Bank

2

2.00

100%

Total

20

9.7

49%

FIRST BANK OF NIGERIA PLC

Data

No of State
Branches of current Bank

126

No of branches
issuing instant receipts

100

Total Monthly Collection from all banks

17,882,977,278.49

Total Monthly Collection from Current
bank

1,512,789,188.39

Total Number of Transactions From All
Banks

64727

Total Number of Transactions From Current
Bank

5209

Total number of
cards issued to Banks by Current Bank

380

Total number of
Unsynchronized cards by Current Bank

166

Total No of Expected Transfers (Both Rev
and Expenditure)

20

Total No of Actual Timely Transfers (Both
Rev and Expenditure)

19

Total number of
all Accounts  For Current Bank

23

Total number of balanced
Accounts

13

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

688,798.70

Actual COT
charges By Current Bank

688,798.70

Expected
interest Charges By Current Bank

1,220,084.84

Actual interest
Charges By Current Bank

191,222.12

Number of
instructions From AG (Inter Bank Transfer)

Number of
compliance within 48 hours (Inter Bank transfer)

Total Number of Reversal due to Error

5

NOTE: THE BLANK FIELD INDICATE THAT THERE
IS NO RELEVANT DATA FROM BANK OR ZERO COMPLIANCE.

Bank Monthly Assessment

BANK:  FIRST CITY MONUMENT BANK PLC                                                                                       PERIOD:  AUGUST
2013

S/NO

CRITERIA

FORMULATION

Max. Points
Obtainable

Points Obtained

PERCENTAGE

1

Instant Receipts
Compliance

No of branches
issuing instant receipts/ No of State Branches of current Banks

1

1.00

100%

2

Value of monthly
collection

Value of
collections by Bank (=N=) /Total value from all Banks

3

0.22

7%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.06

3%

4

Unsynchronized
cards

(Total number of
cards issued to Bank - Total number of Unsynchronized cards)/ Total number of
cards issued to Bank

3

0.53

18%

5

Prompt Movement of
funds of revenue call and Expenditure Account

Total No of Actual Timely Transfers (Both
Rev and Expenditure)/ Total No of Expected Transfers (Both Rev and Expenditure)

1

1.00

100%

6

Balancing all
LASG accounts with Alpha-Beta Consulting Ltd.

Total number of balanced
Accounts/Total number of all Accounts  For Current Bank

3

2.67

89%

7

Balancing of
PAYE and WHT Accounts

Neither Balanced
= 0

Either Balanced
= 1

Both Balanced =
2

2

2.00

100%

8

Correct C.O.T
charges (1.00 per mil)

Expected
charges/ Actual charges

1

1.00

100%

9

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

1.00

100%

10

Prompt response
to instructions from the Accountant General in respect of funds

Number of
compliance within 48 hours/number of instructions given to Bank

1

1.00

100%

11

Reversal of
Collection

(Total number of
Transaction from Bank – Total number of reversal due to error)/Total
number of transaction from Bank

2

1.98

99%

Total

20

12.46

62%

FIRST CITY MONUMENT BANK PLC

Data

No of State
Branches of current Bank

73

No of branches
issuing instant receipts

73

Total Monthly Collection from all banks

17,882,977,278.49

Total Monthly Collection from Current
bank

1,295,898,197.16

Total Number of Transactions From All
Banks

64727

Total Number of Transactions From Current
Bank

2040

Total number of
cards issued to Banks by Current Bank

251

Total number of
Unsynchronized cards by Current Bank

207

Total No of Expected Transfers (Both Rev
and Expenditure)

20

Total No of Actual Timely Transfers (Both
Rev and Expenditure)

20

Total number of
all Accounts  For Current Bank

27

Total number of balanced
Accounts

24

Balancing of
PAYE and WHT Accounts

2.00

Expected COT
charges For Current Bank

15,585,330.42

Actual COT
charges By Current Bank

15,585,330.42

Expected
interest Charges By Current Bank

13,197,419.30

Actual interest
Charges By Current Bank

13,197,419.28

Number of
instructions From AG (Inter Bank Transfer)

Number of
compliance within 48 hours (Inter Bank transfer)

Total Number of Reversal due to Error

18

NOTE: THE BLANK FIELD INDICATE THAT THERE
IS NO RELEVANT DATA FROM BANK OR ZERO COMPLIANCE.

Bank Monthly Assessment

BANK:  Fidelity Bank Plc.                                                                                 PERIOD:  AUGUST
2013

S/NO

CRITERIA

FORMULATION

Max. Points
Obtainable

Points Obtained

PERCENTAGE

1

Instant Receipts
Compliance

No of branches
issuing instant receipts/ No of State Branches of current Banks

1

0.91

91%

2

Value of monthly
collection

Value of
collections by Bank (=N=) /Total value from all Banks

3

0.17

6%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.09

5%

4

Unsynchronized
cards

(Total number of
cards issued to Bank - Total number of Unsynchronized cards)/ Total number of
cards issued to Bank

3

2.74

91%

5

Prompt Movement of
funds of revenue call and Expenditure Account

Total No of Actual Timely Transfers (Both
Rev and Expenditure)/ Total No of Expected Transfers (Both Rev and Expenditure)

1

0.85

85%

6

Balancing all
LASG accounts with Alpha-Beta Consulting Ltd.

Total number of balanced
Accounts/Total number of all Accounts  For Current Bank

3

2.59

86%

7

Balancing of
PAYE and WHT Accounts

Neither Balanced
= 0

Either Balanced
= 1

Both Balanced =
2

2

1.00

50%

8

Correct C.O.T
charges (1.00 per mil)

Expected
charges/ Actual charges

1

1.00

100%

9

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

1.00

100%

10

Prompt response
to instructions from the Accountant General in respect of funds

Number of
compliance within 48 hours/number of instructions given to Bank

1

1.00

100%

11

Reversal of
Collection

(Total number of
Transaction from Bank – Total number of reversal due to error)/Total
number of transaction from Bank

2

1.99

100%

Total

20

13.34

67%

Fidelity Bank Plc.

Data

No of State
Branches of current Bank

46

No of branches
issuing instant receipts

42

Total Monthly Collection from all banks

17,882,977,278.49

Total Monthly Collection from Current
bank

988,103,686.42

Total Number of Transactions From All
Banks

64727

Total Number of Transactions From Current
Bank

3029

Total number of
cards issued to Banks by Current Bank

187

Total number of
Unsynchronized cards by Current Bank

16

Total No of Expected Transfers (Both Rev
and Expenditure)

20

Total No of Actual Timely Transfers (Both
Rev and Expenditure)

17

Total number of
all Accounts  For Current Bank

29

Total number of balanced
Accounts

25

Balancing of
PAYE and WHT Accounts

1.00

Expected COT
charges For Current Bank

237,570.51

Actual COT
charges By Current Bank

237,668.13

Expected
interest Charges By Current Bank

809,512.21

Actual interest
Charges By Current Bank

809,512.21

Number of
instructions From AG (Inter Bank Transfer)

Number of
compliance within 48 hours (Inter Bank transfer)

Total Number of Reversal due to Error

14

NOTE: THE BLANK FIELD INDICATE THAT THERE
IS NO RELEVANT DATA FROM BANK OR ZERO COMPLIANCE.

Bank Monthly Assessment

BANK:  GUARANTY TRUST BANK PLC.                                                                                     PERIOD:  AUGUST
2013

S/NO

CRITERIA

FORMULATION

Max. Points
Obtainable

Points Obtained

PERCENTAGE

1

Instant Receipts
Compliance

No of branches
issuing instant receipts/ No of State Branches of current Banks

1

0.91

91%

2

Value of monthly
collection

Value of
collections by Bank (=N=) /Total value from all Banks

3

0.08

3%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.07

4%

4

Unsynchronized
cards

(Total number of
cards issued to Bank - Total number of Unsynchronized cards)/ Total number of
cards issued to Bank

3

2.37

79%

5

Prompt Movement of
funds of revenue call and Expenditure Account

Total No of Actual Timely Transfers (Both
Rev and Expenditure)/ Total No of Expected Transfers (Both Rev and Expenditure)

1

1.00

100%

6

Balancing all
LASG accounts with Alpha-Beta Consulting Ltd.

Total number of balanced
Accounts/Total number of all Accounts  For Current Bank

3

2.02

67%

7

Balancing of
PAYE and WHT Accounts

Neither Balanced
= 0

Either Balanced
= 1

Both Balanced =
2

2

0.00

0%

8

Correct C.O.T
charges (1.00 per mil)

Expected
charges/ Actual charges

1

1.00

100%

9

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

1.00

100%

10

Prompt response
to instructions from the Accountant General in respect of funds

Number of
compliance within 48 hours/number of instructions given to Bank

1

1.00

100%

11

Reversal of
Collection

(Total number of
Transaction from Bank – Total number of reversal due to error)/Total
number of transaction from Bank

2

1.97

99%

Total

20

11.42

57%

GUARANTY TRUST BANK PLC.

Data

No of State
Branches of current Bank

70

No of branches
issuing instant receipts

64

Total Monthly Collection from all banks

17,882,977,278.49

Total Monthly Collection from Current
bank

459,159,568.22

Total Number of Transactions From All
Banks

64727

Total Number of Transactions From Current
Bank

2247

Total number of
cards issued to Banks by Current Bank

351

Total number of
Unsynchronized cards by Current Bank

74

Total No of Expected Transfers (Both Rev
and Expenditure)

20

Total No of Actual Timely Transfers (Both
Rev and Expenditure)

20

Total number of
all Accounts  For Current Bank

46

Total number of balanced
Accounts

31

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

3,113,653.48

Actual COT
charges By Current Bank

3,113,653.48

Expected
interest Charges By Current Bank

74,787.67

Actual interest
Charges By Current Bank

74,787.67

Number of
instructions From AG (Inter Bank Transfer)

Number of
compliance within 48 hours (Inter Bank transfer)

Total Number of Reversal due to Error

31

NOTE: THE BLANK FIELD INDICATE THAT THERE
IS NO RELEVANT DATA FROM BANK OR ZERO COMPLIANCE.

Bank Monthly Assessment

BANK:  KEYSTONE BANK LIMITED                                                                                PERIOD:  AUGUST
2013

S/NO

CRITERIA

FORMULATION

Max. Points
Obtainable

Points Obtained

PERCENTAGE

1

Instant Receipts
Compliance

No of branches
issuing instant receipts/ No of State Branches of current Banks

1

0.51

51%

2

Value of monthly
collection

Value of
collections by Bank (=N=) /Total value from all Banks

3

0.03

1%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.01

1%

4

Unsynchronized
cards

(Total number of
cards issued to Bank - Total number of Unsynchronized cards)/ Total number of
cards issued to Bank

3

2.60

87%

5

Prompt Movement of
funds of revenue call and Expenditure Account

Total No of Actual Timely Transfers (Both
Rev and Expenditure)/ Total No of Expected Transfers (Both Rev and Expenditure)

1

0.95

95%

6

Balancing all
LASG accounts with Alpha-Beta Consulting Ltd.

Total number of balanced
Accounts/Total number of all Accounts  For Current Bank

3

1.15

38%

7

Balancing of
PAYE and WHT Accounts

Neither Balanced
= 0

Either Balanced
= 1

Both Balanced =
2

2

0.00

0%

8

Correct C.O.T
charges (1.00 per mil)

Expected
charges/ Actual charges

1

1.00

100%

9

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

1.00

100%

10

Prompt response
to instructions from the Accountant General in respect of funds

Number of
compliance within 48 hours/number of instructions given to Bank

1

1.00

100%

11

Reversal of
Collection

(Total number of
Transaction from Bank – Total number of reversal due to error)/Total
number of transaction from Bank

2

1.96

98%

Total

20

10.21

51%

KEYSTONE BANK LIMITED

Data

No of State
Branches of current Bank

59

No of branches
issuing instant receipts

30

Total Monthly Collection from all banks

17,882,977,278.49

Total Monthly Collection from Current
bank

186,487,064.96

Total Number of Transactions From All
Banks

64727

Total Number of Transactions From Current
Bank

225

Total number of
cards issued to Banks by Current Bank

157

Total number of
Unsynchronized cards by Current Bank

21

Total No of Expected Transfers (Both Rev
and Expenditure)

20

Total No of Actual Timely Transfers (Both
Rev and Expenditure)

19

Total number of
all Accounts  For Current Bank

13

Total number of balanced
Accounts

5

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

156,434.13

Actual COT
charges By Current Bank

156,434.13

Expected
interest Charges By Current Bank

180,382.59

Actual interest
Charges By Current Bank

180,382.58

Number of
instructions From AG (Inter Bank Transfer)

Number of
compliance within 48 hours (Inter Bank transfer)

Total Number of Reversal due to Error

5

NOTE: THE BLANK FIELD INDICATE THAT THERE
IS NO RELEVANT DATA FROM BANK OR ZERO COMPLIANCE.

Bank Monthly Assessment

BANK:  MAINSTREET BANK LIMITED                                                                                       PERIOD:  AUGUST
2013

S/NO

CRITERIA

FORMULATION

Max. Points
Obtainable

Points Obtained

PERCENTAGE

1

Instant Receipts
Compliance

No of branches
issuing instant receipts/ No of State Branches of current Banks

1

0.81

81%

2

Value of monthly
collection

Value of
collections by Bank (=N=) /Total value from all Banks

3

0.08

3%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.01

1%

4

Unsynchronized
cards

(Total number of
cards issued to Bank - Total number of Unsynchronized cards)/ Total number of
cards issued to Bank

3

2.97

99%

5

Prompt Movement of
funds of revenue call and Expenditure Account

Total No of Actual Timely Transfers (Both
Rev and Expenditure)/ Total No of Expected Transfers (Both Rev and Expenditure)

1

0.65

65%

6

Balancing all
LASG accounts with Alpha-Beta Consulting Ltd.

Total number of balanced
Accounts/Total number of all Accounts  For Current Bank

3

1.71

57%

7

Balancing of
PAYE and WHT Accounts

Neither Balanced
= 0

Either Balanced
= 1

Both Balanced =
2

2

0.00

0%

8

Correct C.O.T
charges (1.00 per mil)

Expected
charges/ Actual charges

1

0.33

33%

9

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

0.00

0%

10

Prompt response
to instructions from the Accountant General in respect of funds

Number of
compliance within 48 hours/number of instructions given to Bank

1

1.00

100%

11

Reversal of
Collection

(Total number of
Transaction from Bank – Total number of reversal due to error)/Total
number of transaction from Bank

2

1.95

98%

Total

20

9.51

48%

MAINSTREET BANK LIMITED

Data

No of State
Branches of current Bank

42

No of branches
issuing instant receipts

34

Total Monthly Collection from all banks

17,882,977,278.49

Total Monthly Collection from Current
bank

448,176,645.98

Total Number of Transactions From All
Banks

64727

Total Number of Transactions From Current
Bank

354

Total number of
cards issued to Banks by Current Bank

238

Total number of
Unsynchronized cards by Current Bank

2

Total No of Expected Transfers (Both Rev
and Expenditure)

20

Total No of Actual Timely Transfers (Both
Rev and Expenditure)

13

Total number of
all Accounts  For Current Bank

14

Total number of balanced
Accounts

8

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

90,000.00

Actual COT
charges By Current Bank

270,002.21

Expected
interest Charges By Current Bank

101,046.32

Actual interest
Charges By Current Bank

Number of
instructions From AG (Inter Bank Transfer)

2

Number of
compliance within 48 hours (Inter Bank transfer)

2

Total Number of Reversal due to Error

8

NOTE: THE BLANK FIELD INDICATE THAT THERE
IS NO RELEVANT DATA FROM BANK OR ZERO COMPLIANCE.

Bank Monthly Assessment

BANK:  SKYE BANK PLC                                                                                         PERIOD:  AUGUST
2013

S/NO

CRITERIA

FORMULATION

Max. Points
Obtainable

Points Obtained

PERCENTAGE

1

Instant Receipts
Compliance

No of branches
issuing instant receipts/ No of State Branches of current Banks

1

0.81

81%

2

Value of monthly
collection

Value of
collections by Bank (=N=) /Total value from all Banks

3

0.27

9%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.42

21%

4

Unsynchronized
cards

(Total number of
cards issued to Bank - Total number of Unsynchronized cards)/ Total number of
cards issued to Bank

3

2.95

98%

5

Prompt Movement of
funds of revenue call and Expenditure Account

Total No of Actual Timely Transfers (Both
Rev and Expenditure)/ Total No of Expected Transfers (Both Rev and Expenditure)

1

1.00

100%

6

Balancing all
LASG accounts with Alpha-Beta Consulting Ltd.

Total number of balanced
Accounts/Total number of all Accounts  For Current Bank

3

2.37

79%

7

Balancing of
PAYE and WHT Accounts

Neither Balanced
= 0

Either Balanced
= 1

Both Balanced =
2

2

1.00

50%

8

Correct C.O.T
charges (1.00 per mil)

Expected
charges/ Actual charges

1

1.00

100%

9

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

1.00

100%

10

Prompt response
to instructions from the Accountant General in respect of funds

Number of
compliance within 48 hours/number of instructions given to Bank

1

1.00

100%

11

Reversal of
Collection

(Total number of
Transaction from Bank – Total number of reversal due to error)/Total
number of transaction from Bank

2

2.00

100%

Total

20

13.82

69%

SKYE BANK PLC

Data

No of State
Branches of current Bank

67

No of branches
issuing instant receipts

54

Total Monthly Collection from all banks

17,882,977,278.49

Total Monthly Collection from Current
bank

1,583,600,006.66

Total Number of Transactions From All
Banks

64727

Total Number of Transactions From Current
Bank

13603

Total number of
cards issued to Banks by Current Bank

347

Total number of
Unsynchronized cards by Current Bank

6

Total No of Expected Transfers (Both Rev
and Expenditure)

20

Total No of Actual Timely Transfers (Both
Rev and Expenditure)

20

Total number of
all Accounts  For Current Bank

57

Total number of balanced
Accounts

45

Balancing of
PAYE and WHT Accounts

1.00

Expected COT
charges For Current Bank

4,411,695.39

Actual COT
charges By Current Bank

4,411,695.39

Expected
interest Charges By Current Bank

1,247,458.95

Actual interest
Charges By Current Bank

1,247,458.94

Number of
instructions From AG (Inter Bank Transfer)

Number of
compliance within 48 hours (Inter Bank transfer)

Total Number of Reversal due to Error

12

NOTE: THE BLANK FIELD INDICATE THAT THERE
IS NO RELEVANT DATA FROM BANK OR ZERO COMPLIANCE.

Bank Monthly Assessment

BANK:  Stanbic IBTC Bank PLC                                                                                PERIOD:  AUGUST
2013

S/NO

CRITERIA

FORMULATION

Max. Points
Obtainable

Points Obtained

PERCENTAGE

1

Instant Receipts
Compliance

No of branches
issuing instant receipts/ No of State Branches of current Banks

1

0.61

61%

2

Value of monthly
collection

Value of
collections by Bank (=N=) /Total value from all Banks

3

0.06

2%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.02

1%

4

Unsynchronized
cards

(Total number of
cards issued to Bank - Total number of Unsynchronized cards)/ Total number of
cards issued to Bank

3

2.34

78%

5

Prompt Movement of
funds of revenue call and Expenditure Account

Total No of Actual Timely Transfers (Both
Rev and Expenditure)/ Total No of Expected Transfers (Both Rev and Expenditure)

1

1.00

100%

6

Balancing all
LASG accounts with Alpha-Beta Consulting Ltd.

Total number of balanced
Accounts/Total number of all Accounts  For Current Bank

3

0.38

13%

7

Balancing of
PAYE and WHT Accounts

Neither Balanced
= 0

Either Balanced
= 1

Both Balanced =
2

2

0.00

0%

8

Correct C.O.T
charges (1.00 per mil)

Expected
charges/ Actual charges

1

1.00

100%

9

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

1.00

100%

10

Prompt response
to instructions from the Accountant General in respect of funds

Number of
compliance within 48 hours/number of instructions given to Bank

1

1.00

100%

11

Reversal of
Collection

(Total number of
Transaction from Bank – Total number of reversal due to error)/Total
number of transaction from Bank

2

2.00

100%

Total

20

9.41

47%

Stanbic IBTC Bank PLC

Data

No of State
Branches of current Bank

64

No of branches
issuing instant receipts

39

Total Monthly Collection from all banks

17,882,977,278.49

Total Monthly Collection from Current
bank

337,842,567.19

Total Number of Transactions From All
Banks

64727

Total Number of Transactions From Current
Bank

791

Total number of
cards issued to Banks by Current Bank

237

Total number of Unsynchronized
cards by Current Bank

52

Total No of Expected Transfers (Both Rev
and Expenditure)

20

Total No of Actual Timely Transfers (Both
Rev and Expenditure)

20

Total number of
all Accounts  For Current Bank

16

Total number of balanced
Accounts

2

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

437,143.43

Actual COT
charges By Current Bank

437,143.43

Expected
interest Charges By Current Bank

537,902.89

Actual interest
Charges By Current Bank

537,902.89

Number of
instructions From AG (Inter Bank Transfer)

Number of
compliance within 48 hours (Inter Bank transfer)

Total Number of Reversal due to Error

1

NOTE: THE BLANK FIELD INDICATE THAT THERE
IS NO RELEVANT DATA FROM BANK OR ZERO COMPLIANCE.

Bank Monthly Assessment

BANK:  Sterling Bank Plc                                                                                 PERIOD:  AUGUST
2013

S/NO

CRITERIA

FORMULATION

Max. Points
Obtainable

Points Obtained

PERCENTAGE

1

Instant Receipts
Compliance

No of branches
issuing instant receipts/ No of State Branches of current Banks

1

0.80

80%

2

Value of monthly
collection

Value of
collections by Bank (=N=) /Total value from all Banks

3

0.24

8%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.22

11%

4

Unsynchronized
cards

(Total number of
cards issued to Bank - Total number of Unsynchronized cards)/ Total number of
cards issued to Bank

3

2.84

95%

5

Prompt Movement of
funds of revenue call and Expenditure Account

Total No of Actual Timely Transfers (Both
Rev and Expenditure)/ Total No of Expected Transfers (Both Rev and Expenditure)

1

1.00

100%

6

Balancing all
LASG accounts with Alpha-Beta Consulting Ltd.

Total number of balanced
Accounts/Total number of all Accounts  For Current Bank

3

1.75

58%

7

Balancing of
PAYE and WHT Accounts

Neither Balanced
= 0

Either Balanced
= 1

Both Balanced =
2

2

0.00

0%

8

Correct C.O.T
charges (1.00 per mil)

Expected
charges/ Actual charges

1

1.00

100%

9

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

1.00

100%

10

Prompt response
to instructions from the Accountant General in respect of funds

Number of
compliance within 48 hours/number of instructions given to Bank

1

1.00

100%

11

Reversal of
Collection

(Total number of
Transaction from Bank – Total number of reversal due to error)/Total
number of transaction from Bank

2

2.00

100%

Total

20

11.85

59%

Sterling Bank Plc

Data

No of State
Branches of current Bank

49

No of branches
issuing instant receipts

39

Total Monthly Collection from all banks

17,882,977,278.49

Total Monthly Collection from Current
bank

1,413,260,838.44

Total Number of Transactions From All
Banks

64727

Total Number of Transactions From Current
Bank

7063

Total number of
cards issued to Banks by Current Bank

668

Total number of
Unsynchronized cards by Current Bank

36

Total No of Expected Transfers (Both Rev
and Expenditure)

20

Total No of Actual Timely Transfers (Both
Rev and Expenditure)

20

Total number of
all Accounts  For Current Bank

60

Total number of balanced
Accounts

35

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

1,008,516.27

Actual COT
charges By Current Bank

1,008,583.77

Expected
interest Charges By Current Bank

490,981.76

Actual interest
Charges By Current Bank

490,057.60

Number of
instructions From AG (Inter Bank Transfer)

Number of
compliance within 48 hours (Inter Bank transfer)

Total Number of Reversal due to Error

12

NOTE: THE BLANK FIELD INDICATE THAT THERE
IS NO RELEVANT DATA FROM BANK OR ZERO COMPLIANCE.

Bank Monthly Assessment

BANK:  United Bank For Africa Plc.                                                                                       PERIOD:  AUGUST
2013

S/NO

CRITERIA

FORMULATION

Max. Points
Obtainable

Points Obtained

PERCENTAGE

1

Instant Receipts
Compliance

No of branches
issuing instant receipts/ No of State Branches of current Banks

1

1.00

100%

2

Value of monthly
collection

Value of
collections by Bank (=N=) /Total value from all Banks

3

0.36

12%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.12

6%

4

Unsynchronized
cards

(Total number of
cards issued to Bank - Total number of Unsynchronized cards)/ Total number of
cards issued to Bank

3

2.91

97%

5

Prompt Movement of
funds of revenue call and Expenditure Account

Total No of Actual Timely Transfers (Both
Rev and Expenditure)/ Total No of Expected Transfers (Both Rev and Expenditure)

1

1.00

100%

6

Balancing all
LASG accounts with Alpha-Beta Consulting Ltd.

Total number of balanced
Accounts/Total number of all Accounts  For Current Bank

3

2.88

96%

7

Balancing of
PAYE and WHT Accounts

Neither Balanced
= 0

Either Balanced
= 1

Both Balanced =
2

2

2.00

100%

8

Correct C.O.T
charges (1.00 per mil)

Expected
charges/ Actual charges

1

1.00

100%

9

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

0.98

98%

10

Prompt response
to instructions from the Accountant General in respect of funds

Number of
compliance within 48 hours/number of instructions given to Bank

1

1.00

100%

11

Reversal of
Collection

(Total number of
Transaction from Bank – Total number of reversal due to error)/Total
number of transaction from Bank

2

1.99

100%

Total

20

15.24

76%

United Bank For Africa Plc.

Data

No of State
Branches of current Bank

116

No of branches
issuing instant receipts

116

Total Monthly Collection from all banks

17,882,977,278.49

Total Monthly Collection from Current
bank

2,150,435,976.39

Total Number of Transactions From All
Banks

64727

Total Number of Transactions From Current
Bank

3933

Total number of
cards issued to Banks by Current Bank

480

Total number of
Unsynchronized cards by Current Bank

14

Total No of Expected Transfers (Both Rev
and Expenditure)

20

Total No of Actual Timely Transfers (Both
Rev and Expenditure)

20

Total number of
all Accounts  For Current Bank

24

Total number of balanced
Accounts

23

Balancing of
PAYE and WHT Accounts

2.00

Expected COT
charges For Current Bank

1,503,504.66

Actual COT
charges By Current Bank

1,503,504.66

Expected
interest Charges By Current Bank

1,145,197.05

Actual interest
Charges By Current Bank

1,121,304.99

Number of
instructions From AG (Inter Bank Transfer)

Number of
compliance within 48 hours (Inter Bank transfer)

Total Number of Reversal due to Error

29

NOTE: THE BLANK FIELD INDICATE THAT THERE
IS NO RELEVANT DATA FROM BANK OR ZERO COMPLIANCE.

Bank Monthly Assessment

BANK:  Union Bank of Nigeria Plc.                                                                                         PERIOD:  AUGUST
2013

S/NO

CRITERIA

FORMULATION

Max. Points
Obtainable

Points Obtained

PERCENTAGE

1

Instant Receipts
Compliance

No of branches
issuing instant receipts/ No of State Branches of current Banks

1

0.60

60%

2

Value of monthly
collection

Value of
collections by Bank (=N=) /Total value from all Banks

3

0.23

8%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.13

7%

4

Unsynchronized
cards

(Total number of
cards issued to Bank - Total number of Unsynchronized cards)/ Total number of
cards issued to Bank

3

2.07

69%

5

Prompt Movement of
funds of revenue call and Expenditure Account

Total No of Actual Timely Transfers (Both
Rev and Expenditure)/ Total No of Expected Transfers (Both Rev and Expenditure)

1

0.20

20%

6

Balancing all
LASG accounts with Alpha-Beta Consulting Ltd.

Total number of balanced
Accounts/Total number of all Accounts  For Current Bank

3

1.29

43%

7

Balancing of
PAYE and WHT Accounts

Neither Balanced
= 0

Either Balanced
= 1

Both Balanced =
2

2

0.00

0%

8

Correct C.O.T
charges (1.00 per mil)

Expected
charges/ Actual charges

1

1.00

100%

9

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

1.00

100%

10

Prompt response
to instructions from the Accountant General in respect of funds

Number of
compliance within 48 hours/number of instructions given to Bank

1

1.00

100%

11

Reversal of
Collection

(Total number of
Transaction from Bank – Total number of reversal due to error)/Total
number of transaction from Bank

2

2.00

100%

Total

20

9.52

48%

Union Bank of Nigeria Plc.

Data

No of State
Branches of current Bank

78

No of branches
issuing instant receipts

47

Total Monthly Collection from all banks

17,882,977,278.49

Total Monthly Collection from Current
bank

1,400,268,580.83

Total Number of Transactions From All
Banks

64727

Total Number of Transactions From Current
Bank

4108

Total number of
cards issued to Banks by Current Bank

269

Total number of
Unsynchronized cards by Current Bank

83

Total No of Expected Transfers (Both Rev
and Expenditure)

20

Total No of Actual Timely Transfers (Both
Rev and Expenditure)

4

Total number of
all Accounts  For Current Bank

14

Total number of balanced
Accounts

6

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

1,378,000.00

Actual COT
charges By Current Bank

1,378,000.00

Expected
interest Charges By Current Bank

872,795.05

Actual interest
Charges By Current Bank

872,795.04

Number of
instructions From AG (Inter Bank Transfer)

1

Number of
compliance within 48 hours (Inter Bank transfer)

1

Total Number of Reversal due to Error

6

NOTE: THE BLANK FIELD INDICATE THAT THERE
IS NO RELEVANT DATA FROM BANK OR ZERO COMPLIANCE.

Bank Monthly Assessment

BANK:  UNITY BANK PLC                                                                                       PERIOD:  AUGUST
2013

S/NO

CRITERIA

FORMULATION

Max. Points
Obtainable

Points Obtained

PERCENTAGE

1

Instant Receipts
Compliance

No of branches
issuing instant receipts/ No of State Branches of current Banks

1

0.41

41%

2

Value of monthly
collection

Value of
collections by Bank (=N=) /Total value from all Banks

3

0.04

1%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.00

0%

4

Unsynchronized
cards

(Total number of
cards issued to Bank - Total number of Unsynchronized cards)/ Total number of
cards issued to Bank

3

1.76

59%

5

Prompt Movement of
funds of revenue call and Expenditure Account

Total No of Actual Timely Transfers (Both
Rev and Expenditure)/ Total No of Expected Transfers (Both Rev and Expenditure)

1

0.65

65%

6

Balancing all
LASG accounts with Alpha-Beta Consulting Ltd.

Total number of balanced
Accounts/Total number of all Accounts  For Current Bank

3

0.00

0%

7

Balancing of
PAYE and WHT Accounts

Neither Balanced
= 0

Either Balanced
= 1

Both Balanced =
2

2

0.00

0%

8

Correct C.O.T
charges (1.00 per mil)

Expected
charges/ Actual charges

1

1.00

100%

9

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

1.00

100%

10

Prompt response
to instructions from the Accountant General in respect of funds

Number of
compliance within 48 hours/number of instructions given to Bank

1

1.00

100%

11

Reversal of
Collection

(Total number of
Transaction from Bank – Total number of reversal due to error)/Total
number of transaction from Bank

2

0.98

49%

Total

20

6.84

34%

UNITY BANK PLC

Data

No of State
Branches of current Bank

34

No of branches
issuing instant receipts

14

Total Monthly Collection from all banks

17,882,977,278.49

Total Monthly Collection from Current
bank

238,487,377.71

Total Number of Transactions From All
Banks

64727

Total Number of Transactions From Current
Bank

122

Total number of
cards issued to Banks by Current Bank

234

Total number of
Unsynchronized cards by Current Bank

97

Total No of Expected Transfers (Both Rev
and Expenditure)

20

Total No of Actual Timely Transfers (Both
Rev and Expenditure)

13

Total number of
all Accounts  For Current Bank

10

Total number of balanced
Accounts

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

265,000.00

Actual COT
charges By Current Bank

265,000.00

Expected
interest Charges By Current Bank

131,540.22

Actual interest
Charges By Current Bank

132,173.78

Number of
instructions From AG (Inter Bank Transfer)

1

Number of
compliance within 48 hours (Inter Bank transfer)

1

Total Number of Reversal due to Error

62

NOTE: THE BLANK FIELD INDICATE THAT THERE
IS NO RELEVANT DATA FROM BANK OR ZERO COMPLIANCE.

Bank Monthly Assessment

BANK:  WEMA BANK PLC.                                                                                      PERIOD:  AUGUST
2013

S/NO

CRITERIA

FORMULATION

Max. Points
Obtainable

Points Obtained

PERCENTAGE

1

Instant Receipts
Compliance

No of branches
issuing instant receipts/ No of State Branches of current Banks

1

0.91

91%

2

Value of monthly
collection

Value of
collections by Bank (=N=) /Total value from all Banks

3

0.05

2%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.22

11%

4

Unsynchronized
cards

(Total number of
cards issued to Bank - Total number of Unsynchronized cards)/ Total number of
cards issued to Bank

3

2.44

81%

5

Prompt Movement of
funds of revenue call and Expenditure Account

Total No of Actual Timely Transfers (Both
Rev and Expenditure)/ Total No of Expected Transfers (Both Rev and Expenditure)

1

1.00

100%

6

Balancing all
LASG accounts with Alpha-Beta Consulting Ltd.

Total number of balanced
Accounts/Total number of all Accounts  For Current Bank

3

2.36

79%

7

Balancing of
PAYE and WHT Accounts

Neither Balanced
= 0

Either Balanced
= 1

Both Balanced =
2

2

1.00

50%

8

Correct C.O.T
charges (1.00 per mil)

Expected
charges/ Actual charges

1

1.00

100%

9

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

1.00

100%

10

Prompt response
to instructions from the Accountant General in respect of funds

Number of
compliance within 48 hours/number of instructions given to Bank

1

1.00

100%

11

Reversal of
Collection

(Total number of
Transaction from Bank – Total number of reversal due to error)/Total
number of transaction from Bank

2

2.00

100%

Total

20

12.98

65%

WEMA BANK PLC.

Data

No of State
Branches of current Bank

45

No of branches
issuing instant receipts

41

Total Monthly Collection from all banks

17,882,977,278.49

Total Monthly Collection from Current
bank

295,699,863.56

Total Number of Transactions From All
Banks

64727

Total Number of Transactions From Current
Bank

7193

Total number of
cards issued to Banks by Current Bank

274

Total number of
Unsynchronized cards by Current Bank

51

Total No of Expected Transfers (Both Rev
and Expenditure)

20

Total No of Actual Timely Transfers (Both
Rev and Expenditure)

20

Total number of
all Accounts  For Current Bank

14

Total number of balanced
Accounts

11

Balancing of
PAYE and WHT Accounts

1.00

Expected COT
charges For Current Bank

305,239.02

Actual COT
charges By Current Bank

305,243.99

Expected
interest Charges By Current Bank

289,374.17

Actual interest
Charges By Current Bank

289,374.17

Number of
instructions From AG (Inter Bank Transfer)

Number of
compliance within 48 hours (Inter Bank transfer)

Total Number of Reversal due to Error

3

NOTE: THE BLANK FIELD INDICATE THAT THERE
IS NO RELEVANT DATA FROM BANK OR ZERO COMPLIANCE.

Bank Monthly Assessment

BANK:  ZENITH BANK PLC                                                                                     PERIOD:  AUGUST
2013

S/NO

CRITERIA

FORMULATION

Max. Points
Obtainable

Points Obtained

PERCENTAGE

1

Instant Receipts
Compliance

No of branches
issuing instant receipts/ No of State Branches of current Banks

1

0.90

90%

2

Value of monthly
collection

Value of
collections by Bank (=N=) /Total value from all Banks

3

0.42

14%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.20

10%

4

Unsynchronized
cards

(Total number of
cards issued to Bank - Total number of Unsynchronized cards)/ Total number of
cards issued to Bank

3

2.14

71%

5

Prompt Movement of
funds of revenue call and Expenditure Account

Total No of Actual Timely Transfers (Both
Rev and Expenditure)/ Total No of Expected Transfers (Both Rev and Expenditure)

1

1.00

100%

6

Balancing all
LASG accounts with Alpha-Beta Consulting Ltd.

Total number of balanced
Accounts/Total number of all Accounts  For Current Bank

3

2.34

78%

7

Balancing of
PAYE and WHT Accounts

Neither Balanced
= 0

Either Balanced
= 1

Both Balanced =
2

2

0.00

0%

8

Correct C.O.T
charges (1.00 per mil)

Expected
charges/ Actual charges

1

1.00

100%

9

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

0.00

0%

10

Prompt response
to instructions from the Accountant General in respect of funds

Number of
compliance within 48 hours/number of instructions given to Bank

1

1.00

100%

11

Reversal of
Collection

(Total number of
Transaction from Bank – Total number of reversal due to error)/Total
number of transaction from Bank

2

2.00

100%

Total

20

11

55%

ZENITH BANK PLC

Data

No of State
Branches of current Bank

123

No of branches
issuing instant receipts

111

Total Monthly Collection from all banks

17,882,977,278.49

Total Monthly Collection from Current
bank

2,497,295,298.04

Total Number of Transactions From All
Banks

64727

Total Number of Transactions From Current
Bank

6454

Total number of
cards issued to Banks by Current Bank

644

Total number of
Unsynchronized cards by Current Bank

185

Total No of Expected Transfers (Both Rev
and Expenditure)

20

Total No of Actual Timely Transfers (Both
Rev and Expenditure)

20

Total number of
all Accounts  For Current Bank

32

Total number of balanced
Accounts

25

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

2,833,706.07

Actual COT
charges By Current Bank

2,833,706.07

Expected
interest Charges By Current Bank

1,193,632.28

Actual interest
Charges By Current Bank

Number of
instructions From AG (Inter Bank Transfer)

Number of
compliance within 48 hours (Inter Bank transfer)

Total Number of Reversal due to Error

7

NOTE: THE BLANK FIELD INDICATE THAT THERE
IS NO RELEVANT DATA FROM BANK OR ZERO COMPLIANCE.