Bank Monthly Assessment

BANK:  ACCESS BANK PLC.                                                                                   PERIOD:  JANUARY
2014

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

0.06

2%

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

2.46

82%

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

1.50

50%

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

1.97

99%

Total

20

9.84

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

39,555,190,975.76

Total Monthly Collection from Current
bank

747,715,610.31

Total Number of Transactions From All
Banks

73658

Total Number of Transactions From Current
Bank

2849

Total number of
cards issued to Banks by Current Bank

593

Total number of
Unsynchronized cards by Current Bank

106

Total No of Expected Transfers (Both Rev
and Expenditure)

21

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

18

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

Actual COT
charges By Current Bank

Expected
interest Charges By Current Bank

2,613,199.11

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

43

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

Bank Monthly Assessment

BANK:  CITIBANK NIGERIA LIMITED                                                                                        PERIOD:  JANUARY
2014

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

0.06

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

1.80

60%

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

3.00

100%

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

13.31

67%

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

39,555,190,975.76

Total Monthly Collection from Current
bank

818,921,761.64

Total Number of Transactions From All
Banks

73658

Total Number of Transactions From Current
Bank

251

Total number of
cards issued to Banks by Current Bank

20

Total number of
Unsynchronized cards by Current Bank

8

Total No of Expected Transfers (Both Rev
and Expenditure)

21

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

21

Total number of
all Accounts  For Current Bank

6

Total number of balanced
Accounts

6

Balancing of
PAYE and WHT Accounts

2.00

Expected COT
charges For Current Bank

Actual COT
charges By Current Bank

Expected
interest Charges By Current Bank

928,503.22

Actual interest
Charges By Current Bank

928,503.22

Number of
instructions From AG (Inter Bank Transfer)

Number of
compliance within 48 hours (Inter Bank transfer)

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:  DIAMOND BANK PLC                                                                                PERIOD:  JANUARY
2014

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

0.03

1%

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

0.77

26%

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

0.57

57%

6

Balancing all
LASG accounts with Alpha-Beta Consulting Ltd.

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

3

2.75

92%

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

12.15

61%

DIAMOND BANK PLC

Data

No of State
Branches of current Bank

69

No of branches
issuing instant receipts

69

Total Monthly Collection from all banks

39,555,190,975.76

Total Monthly Collection from Current
bank

371,391,537.55

Total Number of Transactions From All
Banks

73658

Total Number of Transactions From Current
Bank

1194

Total number of
cards issued to Banks by Current Bank

352

Total number of
Unsynchronized cards by Current Bank

262

Total No of Expected Transfers (Both Rev
and Expenditure)

21

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

12

Total number of
all Accounts  For Current Bank

12

Total number of balanced
Accounts

11

Balancing of
PAYE and WHT Accounts

2.00

Expected COT
charges For Current Bank

Actual COT
charges By Current Bank

Expected
interest Charges By Current Bank

642,320.87

Actual interest
Charges By Current Bank

642,268.08

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:  JANUARY
2014

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

0.06

2%

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

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

0.90

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

2.16

72%

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

13.08

65%

ECOBANK NIGERIA PLC

Data

No of State
Branches of current Bank

54

No of branches
issuing instant receipts

43

Total Monthly Collection from all banks

39,555,190,975.76

Total Monthly Collection from Current
bank

803,352,350.72

Total Number of Transactions From All
Banks

73658

Total Number of Transactions From Current
Bank

3615

Total number of
cards issued to Banks by Current Bank

470

Total number of
Unsynchronized cards by Current Bank

146

Total No of Expected Transfers (Both Rev
and Expenditure)

21

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

19

Total number of
all Accounts  For Current Bank

25

Total number of balanced
Accounts

18

Balancing of
PAYE and WHT Accounts

2.00

Expected COT
charges For Current Bank

Actual COT
charges By Current Bank

Expected
interest Charges By Current Bank

482,667.50

Actual interest
Charges By Current Bank

482,667.50

Number of
instructions From AG (Inter Bank Transfer)

Number of
compliance within 48 hours (Inter Bank transfer)

Total Number of Reversal due to Error

17

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

Bank Monthly Assessment

BANK:  ENTERPRISE BANK LIMITED                                                                                         PERIOD:  JANUARY
2014

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

0.01

0%

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

1.98

66%

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

2.00

100%

8

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

Expected
charges/ Actual charges

1

0.00

0%

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

12.73

64%

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

39,555,190,975.76

Total Monthly Collection from Current
bank

129,040,913.57

Total Number of Transactions From All
Banks

73658

Total Number of Transactions From Current
Bank

1083

Total number of
cards issued to Banks by Current Bank

355

Total number of
Unsynchronized cards by Current Bank

121

Total No of Expected Transfers (Both Rev
and Expenditure)

21

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

21

Total number of
all Accounts  For Current Bank

15

Total number of balanced
Accounts

14

Balancing of
PAYE and WHT Accounts

2.00

Expected COT
charges For Current Bank

Actual COT
charges By Current Bank

146,000.00

Expected
interest Charges By Current Bank

479,599.09

Actual interest
Charges By Current Bank

479,599.09

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:  FIRST BANK OF NIGERIA PLC                                                                                       PERIOD:  JANUARY
2014

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

0.11

4%

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

1.68

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

0.90

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

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

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

10.49

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

39,555,190,975.76

Total Monthly Collection from Current
bank

1,450,191,557.24

Total Number of Transactions From All
Banks

73658

Total Number of Transactions From Current
Bank

4347

Total number of
cards issued to Banks by Current Bank

380

Total number of
Unsynchronized cards by Current Bank

167

Total No of Expected Transfers (Both Rev
and Expenditure)

21

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

15

Balancing of
PAYE and WHT Accounts

1.00

Expected COT
charges For Current Bank

Actual COT
charges By Current Bank

Expected
interest Charges By Current Bank

2,817,612.73

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:  FIRST CITY MONUMENT BANK PLC                                                                                       PERIOD:  JANUARY
2014

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

0.07

2%

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

0.62

21%

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

1.20

40%

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

7.75

39%

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

39,555,190,975.76

Total Monthly Collection from Current
bank

889,347,501.24

Total Number of Transactions From All
Banks

73658

Total Number of Transactions From Current
Bank

2415

Total number of
cards issued to Banks by Current Bank

251

Total number of
Unsynchronized cards by Current Bank

199

Total No of Expected Transfers (Both Rev
and Expenditure)

21

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

10

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

Actual COT
charges By Current Bank

Expected
interest Charges By Current Bank

2,758,486.26

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

8

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

Bank Monthly Assessment

BANK:  Fidelity Bank Plc.                                                                                 PERIOD:  JANUARY
2014

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

0.06

2%

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

2.61

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

0.48

48%

6

Balancing all
LASG accounts with Alpha-Beta Consulting Ltd.

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

3

1.14

38%

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

0.00

0%

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

10.24

51%

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

39,555,190,975.76

Total Monthly Collection from Current
bank

811,663,836.26

Total Number of Transactions From All
Banks

73658

Total Number of Transactions From Current
Bank

3906

Total number of
cards issued to Banks by Current Bank

187

Total number of
Unsynchronized cards by Current Bank

24

Total No of Expected Transfers (Both Rev
and Expenditure)

21

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

10

Total number of
all Accounts  For Current Bank

29

Total number of balanced
Accounts

11

Balancing of
PAYE and WHT Accounts

1.00

Expected COT
charges For Current Bank

Actual COT
charges By Current Bank

691,027.72

Expected
interest Charges By Current Bank

2,004,712.12

Actual interest
Charges By Current Bank

2,004,712.12

Number of
instructions From AG (Inter Bank Transfer)

Number of
compliance within 48 hours (Inter Bank transfer)

Total Number of Reversal due to Error

23

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:  JANUARY
2014

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

1.26

42%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.05

3%

4

Unsynchronized
cards

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

3

2.63

88%

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

2.43

81%

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

0.22

22%

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

12.36

62%

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

39,555,190,975.76

Total Monthly Collection from Current
bank

16,650,844,361.94

Total Number of Transactions From All
Banks

73658

Total Number of Transactions From Current
Bank

1873

Total number of
cards issued to Banks by Current Bank

351

Total number of
Unsynchronized cards by Current Bank

43

Total No of Expected Transfers (Both Rev
and Expenditure)

21

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

21

Total number of
all Accounts  For Current Bank

47

Total number of balanced
Accounts

38

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

Actual COT
charges By Current Bank

Expected
interest Charges By Current Bank

7,948,992.08

Actual interest
Charges By Current Bank

1,786,683.06

Number of
instructions From AG (Inter Bank Transfer)

Number of
compliance within 48 hours (Inter Bank transfer)

Total Number of Reversal due to Error

32

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

Bank Monthly Assessment

BANK:  HERITAGE BANK                                                                                        PERIOD:  JANUARY
2014

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

0.01

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

2.25

75%

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

0.57

57%

6

Balancing all
LASG accounts with Alpha-Beta Consulting Ltd.

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

3

3.00

100%

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

13.43

67%

HERITAGE BANK

Data

No of State
Branches of current Bank

5

No of branches
issuing instant receipts

3

Total Monthly Collection from all banks

39,555,190,975.76

Total Monthly Collection from Current
bank

91,015,156.22

Total Number of Transactions From All
Banks

73658

Total Number of Transactions From Current
Bank

90

Total number of
cards issued to Banks by Current Bank

4

Total number of
Unsynchronized cards by Current Bank

1

Total No of Expected Transfers (Both Rev
and Expenditure)

21

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

6

Balancing of
PAYE and WHT Accounts

2.00

Expected COT
charges For Current Bank

Actual COT
charges By Current Bank

Expected
interest Charges By Current Bank

291,208.72

Actual interest
Charges By Current Bank

291,208.72

Number of
instructions From AG (Inter Bank Transfer)

Number of
compliance within 48 hours (Inter Bank transfer)

Total Number of Reversal due to Error

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

Bank Monthly Assessment

BANK:  KEYSTONE BANK LIMITED                                                                                PERIOD:  JANUARY
2014

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

0.02

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

2.56

85%

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

1.07

36%

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

1.92

96%

Total

20

10.19

51%

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

39,555,190,975.76

Total Monthly Collection from Current
bank

236,284,480.43

Total Number of Transactions From All
Banks

73658

Total Number of Transactions From Current
Bank

381

Total number of
cards issued to Banks by Current Bank

157

Total number of Unsynchronized
cards by Current Bank

23

Total No of Expected Transfers (Both Rev
and Expenditure)

21

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

21

Total number of
all Accounts  For Current Bank

14

Total number of balanced
Accounts

5

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

Actual COT
charges By Current Bank

Expected
interest Charges By Current Bank

793,812.85

Actual interest
Charges By Current Bank

793,812.86

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:  MAINSTREET BANK LIMITED                                                                                       PERIOD:  JANUARY
2014

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

0.03

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

2.99

100%

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

3.00

100%

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

14.97

75%

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

39,555,190,975.76

Total Monthly Collection from Current
bank

341,845,887.83

Total Number of Transactions From All
Banks

73658

Total Number of Transactions From Current
Bank

425

Total number of
cards issued to Banks by Current Bank

238

Total number of
Unsynchronized cards by Current Bank

1

Total No of Expected Transfers (Both Rev
and Expenditure)

21

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

21

Total number of
all Accounts  For Current Bank

13

Total number of balanced
Accounts

13

Balancing of
PAYE and WHT Accounts

2.00

Expected COT
charges For Current Bank

Actual COT
charges By Current Bank

Expected
interest Charges By Current Bank

347,931.18

Actual interest
Charges By Current Bank

347,931.18

Number of
instructions From AG (Inter Bank Transfer)

Number of
compliance within 48 hours (Inter Bank transfer)

Total Number of Reversal due to Error

12

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

Bank Monthly Assessment

BANK:  SKYE BANK PLC                                                                                         PERIOD:  JANUARY
2014

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

0.51

26%

4

Unsynchronized
cards

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

3

2.09

70%

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

2.64

88%

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

0.00

0%

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

11.46

57%

SKYE BANK PLC

Data

No of State
Branches of current Bank

67

No of branches
issuing instant receipts

67

Total Monthly Collection from all banks

39,555,190,975.76

Total Monthly Collection from Current
bank

2,887,182,645.77

Total Number of Transactions From All
Banks

73658

Total Number of Transactions From Current
Bank

18773

Total number of
cards issued to Banks by Current Bank

347

Total number of
Unsynchronized cards by Current Bank

105

Total No of Expected Transfers (Both Rev
and Expenditure)

21

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

21

Total number of
all Accounts  For Current Bank

58

Total number of balanced
Accounts

51

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

Actual COT
charges By Current Bank

2,649,234.15

Expected
interest Charges By Current Bank

2,676,518.15

Actual interest
Charges By Current Bank

2,676,298.18

Number of
instructions From AG (Inter Bank Transfer)

Number of
compliance within 48 hours (Inter Bank transfer)

Total Number of Reversal due to Error

33

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:  JANUARY
2014

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

0.03

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

2.03

68%

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

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

13.44

67%

Stanbic IBTC Bank PLC

Data

No of State
Branches of current Bank

64

No of branches
issuing instant receipts

64

Total Monthly Collection from all banks

39,555,190,975.76

Total Monthly Collection from Current
bank

442,201,746.53

Total Number of Transactions From All
Banks

73658

Total Number of Transactions From Current
Bank

1333

Total number of
cards issued to Banks by Current Bank

237

Total number of
Unsynchronized cards by Current Bank

77

Total No of Expected Transfers (Both Rev
and Expenditure)

21

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

21

Total number of
all Accounts  For Current Bank

14

Total number of balanced
Accounts

11

Balancing of
PAYE and WHT Accounts

2.00

Expected COT
charges For Current Bank

Actual COT
charges By Current Bank

Expected
interest Charges By Current Bank

722,157.17

Actual interest
Charges By Current Bank

722,157.17

Number of
instructions From AG (Inter Bank Transfer)

Number of
compliance within 48 hours (Inter Bank transfer)

Total Number of Reversal due to Error

10

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

Bank Monthly Assessment

BANK:  Sterling Bank Plc                                                                                 PERIOD:  JANUARY
2014

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

0.08

3%

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

2.98

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

0.95

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

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

1.99

100%

Total

20

9.94

50%

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

39,555,190,975.76

Total Monthly Collection from Current
bank

1,009,895,034.04

Total Number of Transactions From All
Banks

73658

Total Number of Transactions From Current
Bank

5256

Total number of
cards issued to Banks by Current Bank

668

Total number of
Unsynchronized cards by Current Bank

4

Total No of Expected Transfers (Both Rev
and Expenditure)

21

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

20

Total number of
all Accounts  For Current Bank

Total number of balanced
Accounts

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

Actual COT
charges By Current Bank

Expected
interest Charges By Current Bank

1,433,798.50

Actual interest
Charges By Current Bank

1,433,798.50

Number of
instructions From AG (Inter Bank Transfer)

Number of
compliance within 48 hours (Inter Bank transfer)

Total Number of Reversal due to Error

34

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:  JANUARY
2014

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

0.33

11%

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

2.76

92%

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

0.00

0%

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

13.09

65%

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

39,555,190,975.76

Total Monthly Collection from Current
bank

4,288,414,449.82

Total Number of Transactions From All
Banks

73658

Total Number of Transactions From Current
Bank

4632

Total number of
cards issued to Banks by Current Bank

480

Total number of
Unsynchronized cards by Current Bank

39

Total No of Expected Transfers (Both Rev
and Expenditure)

21

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

21

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

Actual COT
charges By Current Bank

1,569,496.96

Expected
interest Charges By Current Bank

3,464,834.77

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

14

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:  JANUARY
2014

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

0.24

8%

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

2.15

72%

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

0.19

19%

6

Balancing all
LASG accounts with Alpha-Beta Consulting Ltd.

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

3

1.80

60%

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

10.21

51%

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

39,555,190,975.76

Total Monthly Collection from Current
bank

3,155,149,159.73

Total Number of Transactions From All
Banks

73658

Total Number of Transactions From Current
Bank

4296

Total number of
cards issued to Banks by Current Bank

269

Total number of
Unsynchronized cards by Current Bank

76

Total No of Expected Transfers (Both Rev
and Expenditure)

21

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

4

Total number of
all Accounts  For Current Bank

15

Total number of balanced
Accounts

9

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

Actual COT
charges By Current Bank

Expected
interest Charges By Current Bank

1,742,770.90

Actual interest
Charges By Current Bank

1,742,770.90

Number of
instructions From AG (Inter Bank Transfer)

Number of
compliance within 48 hours (Inter Bank transfer)

Total Number of Reversal due to Error

2

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

Bank Monthly Assessment

BANK:  UNITY BANK PLC                                                                                       PERIOD:  JANUARY
2014

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

0.00

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

2.72

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

0.71

71%

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

1.62

81%

Total

20

8.46

42%

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

39,555,190,975.76

Total Monthly Collection from Current
bank

14,558,264.96

Total Number of Transactions From All
Banks

73658

Total Number of Transactions From Current
Bank

85

Total number of
cards issued to Banks by Current Bank

234

Total number of
Unsynchronized cards by Current Bank

22

Total No of Expected Transfers (Both Rev
and Expenditure)

21

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

15

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

Actual COT
charges By Current Bank

Expected
interest Charges By Current Bank

295,431.23

Actual interest
Charges By Current Bank

295,431.23

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:  WEMA BANK PLC.                                                                                      PERIOD:  JANUARY
2014

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

0.03

1%

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

2.44

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

1.80

60%

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

13.38

67%

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

39,555,190,975.76

Total Monthly Collection from Current
bank

404,804,389.12

Total Number of Transactions From All
Banks

73658

Total Number of Transactions From Current
Bank

7393

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)

21

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

21

Total number of
all Accounts  For Current Bank

15

Total number of balanced
Accounts

9

Balancing of
PAYE and WHT Accounts

2.00

Expected COT
charges For Current Bank

Actual COT
charges By Current Bank

Expected
interest Charges By Current Bank

1,201,581.09

Actual interest
Charges By Current Bank

1,201,581.09

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:  ZENITH BANK PLC                                                                                     PERIOD:  JANUARY
2014

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

0.30

10%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.26

13%

4

Unsynchronized
cards

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

3

2.12

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

2.32

77%

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

0.00

0%

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

9.95

50%

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

39,555,190,975.76

Total Monthly Collection from Current
bank

4,011,370,330.85

Total Number of Transactions From All
Banks

73658

Total Number of Transactions From Current
Bank

9461

Total number of
cards issued to Banks by Current Bank

644

Total number of
Unsynchronized cards by Current Bank

188

Total No of Expected Transfers (Both Rev
and Expenditure)

21

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

21

Total number of
all Accounts  For Current Bank

31

Total number of balanced
Accounts

24

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

Actual COT
charges By Current Bank

589,130.59

Expected
interest Charges By Current Bank

2,670,140.78

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

19

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