Bank
Monthly Assessment

BANK:  ACCESS BANK PLC.                                                                                   PERIOD:  MARCH 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

0.11

4%

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

2.20

73%

5

Prompt Movement of
funds of revenue call and Expenditure Account

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

1

1.00

100%

6

Balancing all
LASG accounts with Alpha-Beta Consulting Ltd.

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

3

1.83

61%

7

Balancing of
PAYE and WHT Accounts

Neither Balanced
= 0

Either Balanced
= 1

Both Balanced =
2

2

0.00

0%

8

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

Expected
charges/ Actual charges

1

1.00

100%

9

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

1.00

100%

10

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

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

1

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

11.04

55%

ACCESS BANK PLC.

Data

No of State
Branches of current Bank

107

No of branches
issuing instant receipts

86

Total Monthly Collection from all banks

20,216,200,141.05

Total Monthly Collection from Current
bank

762,807,413.29

Total Number of Transactions From All
Banks

190472

Total Number of Transactions From Current
Bank

10589

Total number of
cards issued to Banks by Current Bank

593

Total number of
Unsynchronized cards by Current Bank

159

Total No of Expected Transfers (Both Rev
and Expenditure)

20

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

20

Total number of
all Accounts  For Current Bank

36

Total number of balanced
Accounts

22

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

375,305.01

Actual COT
charges By Current Bank

375,305.01

Expected
interest Charges By Current Bank

836,874.37

Actual interest
Charges By Current Bank

836,805.59

Number of
instructions From AG (Inter Bank Transfer)

Number of
compliance within 48 hours (Inter Bank transfer)

Total Number of Reversal due to Error

41

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

Bank Monthly Assessment

BANK:  CITIBANK NIGERIA LIMITED                                                                                        PERIOD:  MARCH 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

0.00

0%

4

Unsynchronized
cards

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

3

3.00

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

2.40

80%

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

1.98

99%

Total

20

13.48

67%

CITIBANK NIGERIA LIMITED

Data

No of State
Branches of current Bank

4

No of branches
issuing instant receipts

4

Total Monthly Collection from all banks

20,216,200,141.05

Total Monthly Collection from Current
bank

699,063,844.31

Total Number of Transactions From All
Banks

190472

Total Number of Transactions From Current
Bank

340

Total number of
cards issued to Banks by Current Bank

20

Total number of
Unsynchronized cards by Current Bank

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

5

Total number of balanced
Accounts

4

Balancing of
PAYE and WHT Accounts

1.00

Expected COT
charges For Current Bank

791,752.70

Actual COT
charges By Current Bank

791,752.70

Expected
interest Charges By Current Bank

786,724.88

Actual interest
Charges By Current Bank

786,724.88

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:  DIAMOND BANK PLC                                                                                PERIOD:  MARCH 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

0.04

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

1.04

35%

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

1.29

43%

7

Balancing of
PAYE and WHT Accounts

Neither Balanced
= 0

Either Balanced
= 1

Both Balanced =
2

2

0.00

0%

8

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

Expected
charges/ Actual charges

1

1.00

100%

9

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

1.00

100%

10

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

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

1

1.00

100%

11

Reversal of
Collection

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

2

1.99

100%

Total

20

9.12

46%

DIAMOND BANK PLC

Data

No of State
Branches of current Bank

69

No of branches
issuing instant receipts

55

Total Monthly Collection from all banks

20,216,200,141.05

Total Monthly Collection from Current
bank

261,745,070.87

Total Number of Transactions From All
Banks

190472

Total Number of Transactions From Current
Bank

1193

Total number of
cards issued to Banks by Current Bank

352

Total number of
Unsynchronized cards by Current Bank

230

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

14

Total number of balanced
Accounts

6

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

163,288.29

Actual COT
charges By Current Bank

163,288.29

Expected
interest Charges By Current Bank

124,858.78

Actual interest
Charges By Current Bank

124,855.22

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:  ECOBANK NIGERIA PLC                                                                                      PERIOD:  MARCH 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

0.04

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

1.47

49%

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

0.50

50%

6

Balancing all
LASG accounts with Alpha-Beta Consulting Ltd.

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

3

0.21

7%

7

Balancing of
PAYE and WHT Accounts

Neither Balanced
= 0

Either Balanced
= 1

Both Balanced =
2

2

0.00

0%

8

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

Expected
charges/ Actual charges

1

1.00

100%

9

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

1.00

100%

10

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

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

1

0.00

0%

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

6.8

34%

ECOBANK NIGERIA PLC

Data

No of State
Branches of current Bank

54

No of branches
issuing instant receipts

33

Total Monthly Collection from all banks

20,216,200,141.05

Total Monthly Collection from Current
bank

266,200,685.75

Total Number of Transactions From All
Banks

190472

Total Number of Transactions From Current
Bank

1393

Total number of
cards issued to Banks by Current Bank

470

Total number of
Unsynchronized cards by Current Bank

239

Total No of Expected Transfers (Both Rev
and Expenditure)

20

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

10

Total number of
all Accounts  For Current Bank

14

Total number of balanced
Accounts

1

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

189,000.00

Actual COT
charges By Current Bank

189,081.00

Expected
interest Charges By Current Bank

247,177.70

Actual interest
Charges By Current Bank

247,177.70

Number of
instructions From AG (Inter Bank Transfer)

2

Number of
compliance within 48 hours (Inter Bank transfer)

Total Number of Reversal due to Error

27

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

Bank Monthly Assessment

BANK:  ENTERPRISE BANK LIMITED                                                                                         PERIOD:  MARCH 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

0.04

1%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.02

1%

4

Unsynchronized
cards

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

3

2.05

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

0.25

25%

6

Balancing all
LASG accounts with Alpha-Beta Consulting Ltd.

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

3

1.59

53%

7

Balancing of
PAYE and WHT Accounts

Neither Balanced
= 0

Either Balanced
= 1

Both Balanced =
2

2

0.00

0%

8

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

Expected
charges/ Actual charges

1

1.00

100%

9

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

1.00

100%

10

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

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

1

1.00

100%

11

Reversal of
Collection

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

2

2.00

100%

Total

20

9.75

49%

ENTERPRISE BANK LIMITED

Data

No of State
Branches of current Bank

55

No of branches
issuing instant receipts

44

Total Monthly Collection from all banks

20,216,200,141.05

Total Monthly Collection from Current
bank

249,828,111.68

Total Number of Transactions From All
Banks

190472

Total Number of Transactions From Current
Bank

2268

Total number of
cards issued to Banks by Current Bank

355

Total number of
Unsynchronized cards by Current Bank

112

Total No of Expected Transfers (Both Rev
and Expenditure)

20

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

5

Total number of
all Accounts  For Current Bank

17

Total number of balanced
Accounts

9

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

31,000.00

Actual COT
charges By Current Bank

31,000.00

Expected
interest Charges By Current Bank

166,297.46

Actual interest
Charges By Current Bank

166,297.46

Number of
instructions From AG (Inter Bank Transfer)

4

Number of
compliance within 48 hours (Inter Bank transfer)

4

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:  FIRST BANK OF NIGERIA PLC                                                                                       PERIOD:  MARCH 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

0.29

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

2.24

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

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

1.50

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

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

11.09

55%

FIRST BANK OF NIGERIA PLC

Data

No of State
Branches of current Bank

108

No of branches
issuing instant receipts

86

Total Monthly Collection from all banks

20,216,200,141.05

Total Monthly Collection from Current
bank

1,958,025,459.75

Total Number of Transactions From All
Banks

190472

Total Number of Transactions From Current
Bank

25014

Total number of
cards issued to Banks by Current Bank

380

Total number of
Unsynchronized cards by Current Bank

96

Total No of Expected Transfers (Both Rev
and Expenditure)

20

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

20

Total number of
all Accounts  For Current Bank

24

Total number of balanced
Accounts

12

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

364,799.98

Actual COT
charges By Current Bank

364,799.98

Expected
interest Charges By Current Bank

1,159,092.31

Actual interest
Charges By Current Bank

1,159,081.40

Number of
instructions From AG (Inter Bank Transfer)

Number of
compliance within 48 hours (Inter Bank transfer)

Total Number of Reversal due to Error

62

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

Bank Monthly Assessment

BANK:  FIRST CITY MONUMENT BANK PLC                                                                                       PERIOD:  MARCH 2013

S/NO

CRITERIA

FORMULATION

Max. Points
Obtainable

Points Obtained

PERCENTAGE

1

Instant Receipts
Compliance

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

1

0.81

81%

2

Value of monthly
collection

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

3

0.16

5%

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

1.06

35%

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

1.63

54%

7

Balancing of
PAYE and WHT Accounts

Neither Balanced
= 0

Either Balanced
= 1

Both Balanced =
2

2

1.00

50%

8

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

Expected
charges/ Actual charges

1

1.00

100%

9

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

1.00

100%

10

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

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

1

1.00

100%

11

Reversal of
Collection

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

2

1.99

100%

Total

20

10.7

54%

FIRST CITY MONUMENT BANK PLC

Data

No of State
Branches of current Bank

73

No of branches
issuing instant receipts

59

Total Monthly Collection from all banks

20,216,200,141.05

Total Monthly Collection from Current
bank

1,073,822,433.50

Total Number of Transactions From All
Banks

190472

Total Number of Transactions From Current
Bank

4401

Total number of
cards issued to Banks by Current Bank

251

Total number of
Unsynchronized cards by Current Bank

162

Total No of Expected Transfers (Both Rev
and Expenditure)

20

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

20

Total number of
all Accounts  For Current Bank

24

Total number of balanced
Accounts

13

Balancing of
PAYE and WHT Accounts

1.00

Expected COT
charges For Current Bank

731,415.36

Actual COT
charges By Current Bank

731,415.36

Expected
interest Charges By Current Bank

184,239.96

Actual interest
Charges By Current Bank

184,239.96

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:  Fidelity Bank Plc.                                                                                 PERIOD:  MARCH 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

0.26

9%

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

2.74

91%

5

Prompt Movement of
funds of revenue call and Expenditure Account

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

1

0.85

85%

6

Balancing all
LASG accounts with Alpha-Beta Consulting Ltd.

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

3

2.79

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

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

14.74

74%

Fidelity Bank Plc.

Data

No of State
Branches of current Bank

46

No of branches
issuing instant receipts

46

Total Monthly Collection from all banks

20,216,200,141.05

Total Monthly Collection from Current
bank

1,757,784,894.81

Total Number of Transactions From All
Banks

190472

Total Number of Transactions From Current
Bank

10439

Total number of
cards issued to Banks by Current Bank

187

Total number of
Unsynchronized cards by Current Bank

16

Total No of Expected Transfers (Both Rev
and Expenditure)

20

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

17

Total number of
all Accounts  For Current Bank

29

Total number of balanced
Accounts

27

Balancing of
PAYE and WHT Accounts

2.00

Expected COT
charges For Current Bank

1,078,507.62

Actual COT
charges By Current Bank

1,078,507.62

Expected
interest Charges By Current Bank

1,619,976.10

Actual interest
Charges By Current Bank

1,619,976.09

Number of
instructions From AG (Inter Bank Transfer)

Number of
compliance within 48 hours (Inter Bank transfer)

Total Number of Reversal due to Error

35

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:  MARCH 2013

S/NO

CRITERIA

FORMULATION

Max. Points
Obtainable

Points Obtained

PERCENTAGE

1

Instant Receipts
Compliance

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

1

0.60

60%

2

Value of monthly
collection

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

3

0.09

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

2.70

90%

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

0.70

70%

6

Balancing all
LASG accounts with Alpha-Beta Consulting Ltd.

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

3

1.63

54%

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

10.82

54%

GUARANTY TRUST BANK PLC.

Data

No of State
Branches of current Bank

70

No of branches
issuing instant receipts

42

Total Monthly Collection from all banks

20,216,200,141.05

Total Monthly Collection from Current
bank

609,061,991.24

Total Number of Transactions From All
Banks

190472

Total Number of Transactions From Current
Bank

9197

Total number of
cards issued to Banks by Current Bank

351

Total number of
Unsynchronized cards by Current Bank

35

Total No of Expected Transfers (Both Rev
and Expenditure)

20

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

14

Total number of
all Accounts  For Current Bank

46

Total number of balanced
Accounts

25

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

23,476.98

Actual COT
charges By Current Bank

23,476.98

Expected
interest Charges By Current Bank

133,927.55

Actual interest
Charges By Current Bank

133,927.53

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:  KEYSTONE BANK LIMITED                                                                                PERIOD:  MARCH 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

0.05

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

2.18

73%

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

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

8.65

43%

KEYSTONE BANK LIMITED

Data

No of State
Branches of current Bank

59

No of branches
issuing instant receipts

24

Total Monthly Collection from all banks

20,216,200,141.05

Total Monthly Collection from Current
bank

349,854,140.87

Total Number of Transactions From All
Banks

190472

Total Number of Transactions From Current
Bank

763

Total number of
cards issued to Banks by Current Bank

157

Total number of
Unsynchronized cards by Current Bank

43

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

13

Total number of balanced
Accounts

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

440,509.58

Actual COT
charges By Current Bank

440,509.58

Expected
interest Charges By Current Bank

223,836.66

Actual interest
Charges By Current Bank

223,823.20

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:  MAINSTREET BANK LIMITED                                                                                       PERIOD:  MARCH 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

0.04

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

2.92

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

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

1.62

54%

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

11.35

57%

MAINSTREET BANK LIMITED

Data

No of State
Branches of current Bank

42

No of branches
issuing instant receipts

38

Total Monthly Collection from all banks

20,216,200,141.05

Total Monthly Collection from Current
bank

294,107,772.49

Total Number of Transactions From All
Banks

190472

Total Number of Transactions From Current
Bank

2959

Total number of
cards issued to Banks by Current Bank

238

Total number of
Unsynchronized cards by Current Bank

6

Total No of Expected Transfers (Both Rev
and Expenditure)

20

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

17

Total number of
all Accounts  For Current Bank

13

Total number of balanced
Accounts

7

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

93,000.00

Actual COT
charges By Current Bank

68,148.64

Expected
interest Charges By Current Bank

75,711.95

Actual interest
Charges By Current Bank

75,711.95

Number of
instructions From AG (Inter Bank Transfer)

3

Number of
compliance within 48 hours (Inter Bank transfer)

3

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:  SKYE BANK PLC                                                                                         PERIOD:  MARCH 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

0.26

9%

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

2.91

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

2.84

95%

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

14.43

72%

SKYE BANK PLC

Data

No of State
Branches of current Bank

67

No of branches
issuing instant receipts

61

Total Monthly Collection from all banks

20,216,200,141.05

Total Monthly Collection from Current
bank

1,741,565,505.76

Total Number of Transactions From All
Banks

190472

Total Number of Transactions From Current
Bank

48590

Total number of
cards issued to Banks by Current Bank

347

Total number of
Unsynchronized cards by Current Bank

10

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

55

Total number of balanced
Accounts

52

Balancing of
PAYE and WHT Accounts

1.00

Expected COT
charges For Current Bank

4,624,460.01

Actual COT
charges By Current Bank

4,624,460.01

Expected
interest Charges By Current Bank

4,444,890.97

Actual interest
Charges By Current Bank

4,444,890.96

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:  Stanbic IBTC Bank PLC                                                                                PERIOD:  MARCH 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

0.03

2%

4

Unsynchronized
cards

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

3

2.68

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

2.45

82%

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

14.25

71%

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

20,216,200,141.05

Total Monthly Collection from Current
bank

657,462,261.36

Total Number of Transactions From All
Banks

190472

Total Number of Transactions From Current
Bank

3135

Total number of
cards issued to Banks by Current Bank

237

Total number of
Unsynchronized cards by Current Bank

25

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

11

Total number of balanced
Accounts

9

Balancing of
PAYE and WHT Accounts

2.00

Expected COT
charges For Current Bank

533,240.23

Actual COT
charges By Current Bank

533,240.23

Expected
interest Charges By Current Bank

496,726.41

Actual interest
Charges By Current Bank

496,726.41

Number of
instructions From AG (Inter Bank Transfer)

Number of
compliance within 48 hours (Inter Bank transfer)

Total Number of Reversal due to Error

20

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

Bank Monthly Assessment

BANK:  Sterling Bank Plc                                                                                 PERIOD:  MARCH 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

0.22

7%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.16

8%

4

Unsynchronized
cards

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

3

2.88

96%

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

1.77

59%

7

Balancing of
PAYE and WHT Accounts

Neither Balanced
= 0

Either Balanced
= 1

Both Balanced =
2

2

0.00

0%

8

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

Expected
charges/ Actual charges

1

1.00

100%

9

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

1.00

100%

10

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

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

1

1.00

100%

11

Reversal of
Collection

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

2

2.00

100%

Total

20

11.78

59%

Sterling Bank Plc

Data

No of State
Branches of current Bank

49

No of branches
issuing instant receipts

39

Total Monthly Collection from all banks

20,216,200,141.05

Total Monthly Collection from Current
bank

1,477,417,589.99

Total Number of Transactions From All
Banks

190472

Total Number of Transactions From Current
Bank

15539

Total number of
cards issued to Banks by Current Bank

668

Total number of
Unsynchronized cards by Current Bank

27

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

56

Total number of balanced
Accounts

33

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

1,107,317.56

Actual COT
charges By Current Bank

1,107,396.66

Expected
interest Charges By Current Bank

647,835.06

Actual interest
Charges By Current Bank

647,835.06

Number of
instructions From AG (Inter Bank Transfer)

Number of
compliance within 48 hours (Inter Bank transfer)

Total Number of Reversal due to Error

6

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:  MARCH 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

0.28

9%

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

2.66

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

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

2.33

78%

7

Balancing of
PAYE and WHT Accounts

Neither Balanced
= 0

Either Balanced
= 1

Both Balanced =
2

2

0.00

0%

8

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

Expected
charges/ Actual charges

1

1.00

100%

9

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

0.98

98%

10

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

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

1

1.00

100%

11

Reversal of
Collection

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

2

2.00

100%

Total

20

12.13

61%

United Bank For Africa Plc.

Data

No of State
Branches of current Bank

125

No of branches
issuing instant receipts

100

Total Monthly Collection from all banks

20,216,200,141.05

Total Monthly Collection from Current
bank

1,854,712,377.31

Total Number of Transactions From All
Banks

190472

Total Number of Transactions From Current
Bank

12695

Total number of
cards issued to Banks by Current Bank

480

Total number of
Unsynchronized cards by Current Bank

55

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

27

Total number of balanced
Accounts

21

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

1,327,290.85

Actual COT
charges By Current Bank

1,327,290.85

Expected
interest Charges By Current Bank

612,948.78

Actual interest
Charges By Current Bank

600,249.31

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:  Union Bank of Nigeria Plc.                                                                                         PERIOD:  MARCH 2013

S/NO

CRITERIA

FORMULATION

Max. Points
Obtainable

Points Obtained

PERCENTAGE

1

Instant Receipts
Compliance

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

1

0.81

81%

2

Value of monthly
collection

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

3

0.33

11%

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

2.12

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

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

0.86

29%

7

Balancing of
PAYE and WHT Accounts

Neither Balanced
= 0

Either Balanced
= 1

Both Balanced =
2

2

0.00

0%

8

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

Expected
charges/ Actual charges

1

1.00

100%

9

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

1.00

100%

10

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

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

1

1.00

100%

11

Reversal of
Collection

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

2

2.00

100%

Total

20

9.44

47%

Union Bank of Nigeria Plc.

Data

No of State
Branches of current Bank

78

No of branches
issuing instant receipts

63

Total Monthly Collection from all banks

20,216,200,141.05

Total Monthly Collection from Current
bank

2,248,256,216.57

Total Number of Transactions From All
Banks

190472

Total Number of Transactions From Current
Bank

11704

Total number of
cards issued to Banks by Current Bank

269

Total number of
Unsynchronized cards by Current Bank

79

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

4

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

1,000,000.00

Actual COT
charges By Current Bank

1,000,000.00

Expected
interest Charges By Current Bank

3,480,897.69

Actual interest
Charges By Current Bank

3,480,897.69

Number of
instructions From AG (Inter Bank Transfer)

3

Number of
compliance within 48 hours (Inter Bank transfer)

3

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:  UNITY BANK PLC                                                                                       PERIOD:  MARCH 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

0.01

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

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

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

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

1.79

90%

Total

20

8.07

40%

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

20,216,200,141.05

Total Monthly Collection from Current
bank

89,660,289.44

Total Number of Transactions From All
Banks

190472

Total Number of Transactions From Current
Bank

327

Total number of
cards issued to Banks by Current Bank

234

Total number of
Unsynchronized cards by Current Bank

81

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

10

Total number of balanced
Accounts

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

86,000.00

Actual COT
charges By Current Bank

86,000.00

Expected
interest Charges By Current Bank

71,493.31

Actual interest
Charges By Current Bank

71,493.31

Number of
instructions From AG (Inter Bank Transfer)

2

Number of
compliance within 48 hours (Inter Bank transfer)

2

Total Number of Reversal due to Error

34

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

Bank Monthly Assessment

BANK:  WEMA BANK PLC.                                                                                      PERIOD:  MARCH 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

0.04

1%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.15

8%

4

Unsynchronized
cards

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

3

2.84

95%

5

Prompt Movement of
funds of revenue call and Expenditure Account

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

1

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

1.41

47%

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

13.39

67%

WEMA BANK PLC.

Data

No of State
Branches of current Bank

45

No of branches
issuing instant receipts

45

Total Monthly Collection from all banks

20,216,200,141.05

Total Monthly Collection from Current
bank

299,534,801.65

Total Number of Transactions From All
Banks

190472

Total Number of Transactions From Current
Bank

14414

Total number of
cards issued to Banks by Current Bank

274

Total number of
Unsynchronized cards by Current Bank

15

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

17

Total number of balanced
Accounts

8

Balancing of
PAYE and WHT Accounts

2.00

Expected COT
charges For Current Bank

328,441.33

Actual COT
charges By Current Bank

328,466.70

Expected
interest Charges By Current Bank

217,107.28

Actual interest
Charges By Current Bank

217,107.28

Number of
instructions From AG (Inter Bank Transfer)

Number of
compliance within 48 hours (Inter Bank transfer)

Total Number of Reversal due to Error

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:  MARCH 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

0.53

18%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.16

8%

4

Unsynchronized
cards

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

3

2.59

86%

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

2.19

73%

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

0.94

94%

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

12.31

62%

ZENITH BANK PLC

Data

No of State
Branches of current Bank

123

No of branches
issuing instant receipts

111

Total Monthly Collection from all banks

20,216,200,141.05

Total Monthly Collection from Current
bank

3,565,289,280.41

Total Number of Transactions From All
Banks

190472

Total Number of Transactions From Current
Bank

15512

Total number of
cards issued to Banks by Current Bank

644

Total number of
Unsynchronized cards by Current Bank

87

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

37

Total number of balanced
Accounts

27

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

4,003,247.25

Actual COT
charges By Current Bank

4,003,247.25

Expected
interest Charges By Current Bank

1,347,700.96

Actual interest
Charges By Current Bank

1,263,429.35

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.