Bank Monthly Assessment

BANK:  ACCESS BANK PLC.                                                                                   PERIOD:  DECEMBER
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

0.82

82%

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

0.08

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

0.80

80%

6

Balancing all
LASG accounts with Alpha-Beta Consulting Ltd.

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

3

1.74

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

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

1.98

99%

Total

20

9.87

49%

ACCESS BANK PLC.

Data

No of State
Branches of current Bank

105

No of branches
issuing instant receipts

86

Total Monthly Collection from all banks

20,783,393,464.67

Total Monthly Collection from Current
bank

539,049,216.29

Total Number of Transactions From All
Banks

51679

Total Number of Transactions From Current
Bank

2058

Total number of
cards issued to Banks by Current Bank

593

Total number of
Unsynchronized cards by Current Bank

125

Total No of Expected Transfers (Both Rev
and Expenditure)

20

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

16

Total number of
all Accounts  For Current Bank

38

Total number of balanced
Accounts

22

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

6,872,001.52

Actual COT
charges By Current Bank

Expected
interest Charges By Current Bank

11,867,103.32

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

25

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

Bank Monthly Assessment

BANK:  CITIBANK NIGERIA LIMITED                                                                                        PERIOD:  DECEMBER
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

0.17

6%

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

1.00

33%

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

8.84

44%

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

20,783,393,464.67

Total Monthly Collection from Current
bank

1,151,426,858.51

Total Number of Transactions From All
Banks

51679

Total Number of Transactions From Current
Bank

240

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

2

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

1,634,720.80

Actual COT
charges By Current Bank

1,634,720.80

Expected
interest Charges By Current Bank

809,904.45

Actual interest
Charges By Current Bank

809,905.45

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:  DIAMOND BANK PLC                                                                                PERIOD:  DECEMBER
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

0.06

2%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.03

2%

4

Unsynchronized
cards

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

3

0.66

22%

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

0.40

40%

6

Balancing all
LASG accounts with Alpha-Beta Consulting Ltd.

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

3

2.31

77%

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

10.36

52%

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

20,783,393,464.67

Total Monthly Collection from Current
bank

408,127,573.64

Total Number of Transactions From All
Banks

51679

Total Number of Transactions From Current
Bank

890

Total number of
cards issued to Banks by Current Bank

352

Total number of
Unsynchronized cards by Current Bank

275

Total No of Expected Transfers (Both Rev
and Expenditure)

20

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

8

Total number of
all Accounts  For Current Bank

13

Total number of balanced
Accounts

10

Balancing of
PAYE and WHT Accounts

1.00

Expected COT
charges For Current Bank

380,778.49

Actual COT
charges By Current Bank

380,778.49

Expected
interest Charges By Current Bank

411,611.34

Actual interest
Charges By Current Bank

411,577.51

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:  ECOBANK NIGERIA PLC                                                                                      PERIOD:  DECEMBER
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

0.10

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

1.83

61%

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

0.90

90%

6

Balancing all
LASG accounts with Alpha-Beta Consulting Ltd.

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

3

2.38

79%

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

1.99

100%

Total

20

13.3

67%

ECOBANK NIGERIA PLC

Data

No of State
Branches of current Bank

54

No of branches
issuing instant receipts

54

Total Monthly Collection from all banks

20,783,393,464.67

Total Monthly Collection from Current
bank

717,633,576.76

Total Number of Transactions From All
Banks

51679

Total Number of Transactions From Current
Bank

2491

Total number of
cards issued to Banks by Current Bank

470

Total number of
Unsynchronized cards by Current Bank

184

Total No of Expected Transfers (Both Rev
and Expenditure)

20

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

18

Total number of
all Accounts  For Current Bank

24

Total number of balanced
Accounts

19

Balancing of
PAYE and WHT Accounts

2.00

Expected COT
charges For Current Bank

530,540.77

Actual COT
charges By Current Bank

530,540.77

Expected
interest Charges By Current Bank

327,839.90

Actual interest
Charges By Current Bank

327,839.90

Number of
instructions From AG (Inter Bank Transfer)

Number of
compliance within 48 hours (Inter Bank transfer)

Total Number of Reversal due to Error

9

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

Bank Monthly Assessment

BANK:  ENTERPRISE BANK LIMITED                                                                                         PERIOD:  DECEMBER
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

0.02

1%

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

1.92

64%

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

2.44

81%

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

12.32

62%

ENTERPRISE BANK LIMITED

Data

No of State
Branches of current Bank

55

No of branches
issuing instant receipts

50

Total Monthly Collection from all banks

20,783,393,464.67

Total Monthly Collection from Current
bank

172,880,943.60

Total Number of Transactions From All
Banks

51679

Total Number of Transactions From Current
Bank

1094

Total number of
cards issued to Banks by Current Bank

355

Total number of
Unsynchronized cards by Current Bank

128

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

13

Balancing of
PAYE and WHT Accounts

1.00

Expected COT
charges For Current Bank

80,000.00

Actual COT
charges By Current Bank

Expected
interest Charges By Current Bank

505,709.00

Actual interest
Charges By Current Bank

505,709.00

Number of
instructions From AG (Inter Bank Transfer)

Number of
compliance within 48 hours (Inter Bank transfer)

Total Number of Reversal due to Error

4

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:  DECEMBER
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

0.14

7%

4

Unsynchronized
cards

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

3

1.33

44%

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

1.96

65%

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

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

10.46

52%

FIRST BANK OF NIGERIA PLC

Data

No of State
Branches of current Bank

126

No of branches
issuing instant receipts

101

Total Monthly Collection from all banks

20,783,393,464.67

Total Monthly Collection from Current
bank

1,686,629,663.83

Total Number of Transactions From All
Banks

51679

Total Number of Transactions From Current
Bank

3656

Total number of
cards issued to Banks by Current Bank

380

Total number of
Unsynchronized cards by Current Bank

212

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

23

Total number of balanced
Accounts

15

Balancing of
PAYE and WHT Accounts

1.00

Expected COT
charges For Current Bank

402,550.00

Actual COT
charges By Current Bank

402,550.00

Expected
interest Charges By Current Bank

2,169,134.46

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

15

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:  DECEMBER
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

0.85

85%

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

0.08

4%

4

Unsynchronized
cards

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

3

0.55

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

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

2.50

83%

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

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

10.08

50%

FIRST CITY MONUMENT BANK PLC

Data

No of State
Branches of current Bank

73

No of branches
issuing instant receipts

62

Total Monthly Collection from all banks

20,783,393,464.67

Total Monthly Collection from Current
bank

1,016,527,699.19

Total Number of Transactions From All
Banks

51679

Total Number of Transactions From Current
Bank

1996

Total number of
cards issued to Banks by Current Bank

251

Total number of
Unsynchronized cards by Current Bank

205

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

24

Total number of balanced
Accounts

20

Balancing of
PAYE and WHT Accounts

1.00

Expected COT
charges For Current Bank

12,955,354.63

Actual COT
charges By Current Bank

12,955,354.63

Expected
interest Charges By Current Bank

17,568,495.83

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

3

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

Bank Monthly Assessment

BANK:  Fidelity Bank Plc.                                                                                 PERIOD:  DECEMBER
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

0.85

85%

2

Value of monthly
collection

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

3

0.18

6%

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

2.29

76%

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

0.60

60%

6

Balancing all
LASG accounts with Alpha-Beta Consulting Ltd.

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

3

2.38

79%

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

1.99

100%

Total

20

11.42

57%

Fidelity Bank Plc.

Data

No of State
Branches of current Bank

46

No of branches
issuing instant receipts

39

Total Monthly Collection from all banks

20,783,393,464.67

Total Monthly Collection from Current
bank

1,274,922,388.99

Total Number of Transactions From All
Banks

51679

Total Number of Transactions From Current
Bank

3282

Total number of
cards issued to Banks by Current Bank

187

Total number of
Unsynchronized cards by Current Bank

44

Total No of Expected Transfers (Both Rev
and Expenditure)

20

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

12

Total number of
all Accounts  For Current Bank

29

Total number of balanced
Accounts

23

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

1,160,577.91

Actual COT
charges By Current Bank

1,160,577.91

Expected
interest Charges By Current Bank

2,903,273.81

Actual interest
Charges By Current Bank

2,901,482.03

Number of
instructions From AG (Inter Bank Transfer)

Number of
compliance within 48 hours (Inter Bank transfer)

Total Number of Reversal due to Error

15

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:  DECEMBER
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

0.10

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

2.66

89%

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

2.13

71%

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

11.73

59%

GUARANTY TRUST BANK PLC.

Data

No of State
Branches of current Bank

70

No of branches
issuing instant receipts

56

Total Monthly Collection from all banks

20,783,393,464.67

Total Monthly Collection from Current
bank

695,284,378.77

Total Number of Transactions From All
Banks

51679

Total Number of Transactions From Current
Bank

1841

Total number of
cards issued to Banks by Current Bank

351

Total number of
Unsynchronized cards by Current Bank

40

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

48

Total number of balanced
Accounts

34

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

43,750.00

Actual COT
charges By Current Bank

43,750.00

Expected
interest Charges By Current Bank

5,291,271.01

Actual interest
Charges By Current Bank

5,291,271.01

Number of
instructions From AG (Inter Bank Transfer)

Number of
compliance within 48 hours (Inter Bank transfer)

Total Number of Reversal due to Error

26

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

Bank Monthly Assessment

BANK:  HERITAGE BANK                                                                                        PERIOD:  DECEMBER
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

0.01

0%

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

0.75

25%

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

0.60

60%

6

Balancing all
LASG accounts with Alpha-Beta Consulting Ltd.

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

3

2.50

83%

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

2.00

100%

Total

20

11.86

59%

HERITAGE BANK

Data

No of State
Branches of current Bank

5

No of branches
issuing instant receipts

5

Total Monthly Collection from all banks

20,783,393,464.67

Total Monthly Collection from Current
bank

91,177,710.00

Total Number of Transactions From All
Banks

51679

Total Number of Transactions From Current
Bank

30

Total number of
cards issued to Banks by Current Bank

4

Total number of
Unsynchronized cards by Current Bank

3

Total No of Expected Transfers (Both Rev
and Expenditure)

20

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

12

Total number of
all Accounts  For Current Bank

6

Total number of balanced
Accounts

5

Balancing of
PAYE and WHT Accounts

2.00

Expected COT
charges For Current Bank

65,000.00

Actual COT
charges By Current Bank

Expected
interest Charges By Current Bank

116,179.52

Actual interest
Charges By Current Bank

116,179.52

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:  KEYSTONE BANK LIMITED                                                                                PERIOD:  DECEMBER
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

0.11

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

1.83

61%

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

0.64

21%

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

1.99

100%

Total

20

9.04

45%

KEYSTONE BANK LIMITED

Data

No of State
Branches of current Bank

59

No of branches
issuing instant receipts

36

Total Monthly Collection from all banks

20,783,393,464.67

Total Monthly Collection from Current
bank

753,088,307.33

Total Number of Transactions From All
Banks

51679

Total Number of Transactions From Current
Bank

328

Total number of
cards issued to Banks by Current Bank

157

Total number of
Unsynchronized cards by Current Bank

61

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

14

Total number of balanced
Accounts

3

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

778,798.72

Actual COT
charges By Current Bank

778,798.72

Expected
interest Charges By Current Bank

562,290.65

Actual interest
Charges By Current Bank

562,290.62

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:  MAINSTREET BANK LIMITED                                                                                       PERIOD:  DECEMBER
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

0.07

2%

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

2.94

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

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

2.57

86%

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

0.96

96%

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

14.38

72%

MAINSTREET BANK LIMITED

Data

No of State
Branches of current Bank

42

No of branches
issuing instant receipts

42

Total Monthly Collection from all banks

20,783,393,464.67

Total Monthly Collection from Current
bank

473,312,770.82

Total Number of Transactions From All
Banks

51679

Total Number of Transactions From Current
Bank

313

Total number of
cards issued to Banks by Current Bank

238

Total number of
Unsynchronized cards by Current Bank

5

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

14

Total number of balanced
Accounts

12

Balancing of
PAYE and WHT Accounts

2.00

Expected COT
charges For Current Bank

140,161.95

Actual COT
charges By Current Bank

140,161.95

Expected
interest Charges By Current Bank

223,631.56

Actual interest
Charges By Current Bank

214,352.72

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:  SKYE BANK PLC                                                                                         PERIOD:  DECEMBER
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

0.29

10%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.40

20%

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

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

2.80

93%

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

14.36

72%

SKYE BANK PLC

Data

No of State
Branches of current Bank

67

No of branches
issuing instant receipts

60

Total Monthly Collection from all banks

20,783,393,464.67

Total Monthly Collection from Current
bank

2,017,539,801.35

Total Number of Transactions From All
Banks

51679

Total Number of Transactions From Current
Bank

10222

Total number of
cards issued to Banks by Current Bank

347

Total number of
Unsynchronized cards by Current Bank

4

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

59

Total number of balanced
Accounts

55

Balancing of
PAYE and WHT Accounts

1.00

Expected COT
charges For Current Bank

1,821,779.55

Actual COT
charges By Current Bank

1,821,779.55

Expected
interest Charges By Current Bank

7,020,443.15

Actual interest
Charges By Current Bank

7,019,866.17

Number of
instructions From AG (Inter Bank Transfer)

Number of
compliance within 48 hours (Inter Bank transfer)

Total Number of Reversal due to Error

1

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:  DECEMBER
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

0.04

2%

4

Unsynchronized
cards

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

3

1.75

58%

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

1.69

56%

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

1.94

97%

Total

20

12.41

62%

Stanbic IBTC Bank PLC

Data

No of State
Branches of current Bank

64

No of branches
issuing instant receipts

58

Total Monthly Collection from all banks

20,783,393,464.67

Total Monthly Collection from Current
bank

521,044,703.53

Total Number of Transactions From All
Banks

51679

Total Number of Transactions From Current
Bank

910

Total number of
cards issued to Banks by Current Bank

237

Total number of
Unsynchronized cards by Current Bank

99

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

9

Balancing of
PAYE and WHT Accounts

2.00

Expected COT
charges For Current Bank

534,348.84

Actual COT
charges By Current Bank

Expected
interest Charges By Current Bank

562,339.18

Actual interest
Charges By Current Bank

562,339.18

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:  Sterling Bank Plc                                                                                 PERIOD:  DECEMBER
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

0.19

6%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.18

9%

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

2.03

68%

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

12.11

61%

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

20,783,393,464.67

Total Monthly Collection from Current
bank

1,342,658,076.89

Total Number of Transactions From All
Banks

51679

Total Number of Transactions From Current
Bank

4649

Total number of
cards issued to Banks by Current Bank

668

Total number of
Unsynchronized cards by Current Bank

19

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

59

Total number of balanced
Accounts

40

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

834,723.86

Actual COT
charges By Current Bank

834,723.86

Expected
interest Charges By Current Bank

843,576.05

Actual interest
Charges By Current Bank

843,576.05

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:  United Bank For Africa Plc.                                                                                       PERIOD:  DECEMBER
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

0.32

11%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.11

6%

4

Unsynchronized
cards

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

3

2.79

93%

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

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

15.1

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

20,783,393,464.67

Total Monthly Collection from Current
bank

2,244,177,132.94

Total Number of Transactions From All
Banks

51679

Total Number of Transactions From Current
Bank

2941

Total number of
cards issued to Banks by Current Bank

480

Total number of
Unsynchronized cards by Current Bank

34

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

25

Total number of balanced
Accounts

24

Balancing of
PAYE and WHT Accounts

2.00

Expected COT
charges For Current Bank

1,229,304.49

Actual COT
charges By Current Bank

1,229,550.16

Expected
interest Charges By Current Bank

2,683,569.36

Actual interest
Charges By Current Bank

2,683,569.36

Number of
instructions From AG (Inter Bank Transfer)

Number of
compliance within 48 hours (Inter Bank transfer)

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:  Union Bank of Nigeria Plc.                                                                                         PERIOD:  DECEMBER
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

0.71

71%

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

0.12

6%

4

Unsynchronized
cards

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

3

1.85

62%

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

1.93

64%

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

10.03

50%

Union Bank of Nigeria Plc.

Data

No of State
Branches of current Bank

78

No of branches
issuing instant receipts

55

Total Monthly Collection from all banks

20,783,393,464.67

Total Monthly Collection from Current
bank

1,500,271,025.93

Total Number of Transactions From All
Banks

51679

Total Number of Transactions From Current
Bank

3224

Total number of
cards issued to Banks by Current Bank

269

Total number of
Unsynchronized cards by Current Bank

103

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

9

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

1,694,860.00

Actual COT
charges By Current Bank

1,694,860.00

Expected
interest Charges By Current Bank

1,610,058.01

Actual interest
Charges By Current Bank

1,610,058.00

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:  UNITY BANK PLC                                                                                       PERIOD:  DECEMBER
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

0.03

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

1.32

44%

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

0.00

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

0.20

20%

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

6.97

35%

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

20,783,393,464.67

Total Monthly Collection from Current
bank

181,231,191.66

Total Number of Transactions From All
Banks

51679

Total Number of Transactions From Current
Bank

134

Total number of
cards issued to Banks by Current Bank

234

Total number of
Unsynchronized cards by Current Bank

131

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

10

Total number of balanced
Accounts

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

40,000.00

Actual COT
charges By Current Bank

40,000.00

Expected
interest Charges By Current Bank

284,388.73

Actual interest
Charges By Current Bank

56,521.62

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:  WEMA BANK PLC.                                                                                      PERIOD:  DECEMBER
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

0.04

1%

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

2.35

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

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

1.88

63%

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

12.35

62%

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

20,783,393,464.67

Total Monthly Collection from Current
bank

303,879,239.35

Total Number of Transactions From All
Banks

51679

Total Number of Transactions From Current
Bank

5606

Total number of
cards issued to Banks by Current Bank

274

Total number of
Unsynchronized cards by Current Bank

59

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

16

Total number of balanced
Accounts

10

Balancing of
PAYE and WHT Accounts

1.00

Expected COT
charges For Current Bank

301,809.43

Actual COT
charges By Current Bank

301,809.43

Expected
interest Charges By Current Bank

320,724.79

Actual interest
Charges By Current Bank

320,724.79

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:  ZENITH BANK PLC                                                                                     PERIOD:  DECEMBER
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

0.95

95%

2

Value of monthly
collection

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

3

0.53

18%

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

1.96

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

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

2.60

87%

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

11.26

56%

ZENITH BANK PLC

Data

No of State
Branches of current Bank

123

No of branches
issuing instant receipts

117

Total Monthly Collection from all banks

20,783,393,464.67

Total Monthly Collection from Current
bank

3,692,531,204.81

Total Number of Transactions From All
Banks

51679

Total Number of Transactions From Current
Bank

5774

Total number of
cards issued to Banks by Current Bank

644

Total number of
Unsynchronized cards by Current Bank

224

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

30

Total number of balanced
Accounts

26

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

3,547,019.18

Actual COT
charges By Current Bank

3,547,019.18

Expected
interest Charges By Current Bank

2,655,840.30

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

6

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