Bank Monthly Assessment

BANK:  ACCESS BANK PLC.                                                                                   PERIOD:  SEPTEMBER
2012

S/NO

CRITERIA

FORMULATION

Max. Points
Obtainable

Points Obtained

PERCENTAGE

1

Instant Receipts
Compliance

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

1

0.80

80%

2

Value of monthly
collection

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

3

0.10

3%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.08

4%

4

Unsynchronized
cards

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

3

2.15

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

0.75

75%

6

Balancing all
LASG accounts with Alpha-Beta Consulting Ltd.

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

3

0.92

31%

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

1.98

99%

Total

20

9.78

49%

ACCESS BANK PLC.

Data

No of State
Branches of current Bank

82

No of branches
issuing instant receipts

66

Total Monthly Collection from all banks

16,562,155,946.21

Total Monthly Collection from Current
bank

574,235,703.15

Total Number of Transactions From All
Banks

157719

Total Number of Transactions From Current
Bank

5978

Total number of
cards issued to Banks by Current Bank

713

Total number of
Unsynchronized cards by Current Bank

202

Total No of Expected Transfers (Both Rev
and Expenditure)

20

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

15

Total number of
all Accounts  For Current Bank

26

Total number of balanced
Accounts

8

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

381,998.23

Actual COT
charges By Current Bank

382,196.73

Expected
interest Charges By Current Bank

600,134.44

Actual interest
Charges By Current Bank

600,134.44

Number of
instructions From AG (Inter Bank Transfer)

Number of
compliance within 48 hours (Inter Bank transfer)

Total Number of Reversal due to Error

63

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

Bank Monthly Assessment

BANK:  CITIBANK NIGERIA LIMITED                                                                                        PERIOD:  SEPTEMBER
2012

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

0.11

4%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.01

1%

4

Unsynchronized
cards

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

3

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

2.67

89%

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

1.95

98%

Total

20

13.24

66%

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

16,562,155,946.21

Total Monthly Collection from Current
bank

610,246,304.67

Total Number of Transactions From All
Banks

157719

Total Number of Transactions From Current
Bank

424

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

9

Total number of balanced
Accounts

8

Balancing of
PAYE and WHT Accounts

1.00

Expected COT
charges For Current Bank

470,034.53

Actual COT
charges By Current Bank

470,034.53

Expected
interest Charges By Current Bank

581,369.98

Actual interest
Charges By Current Bank

579,787.69

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:  DIAMOND BANK PLC                                                                                PERIOD:  SEPTEMBER
2012

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

0.10

3%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.01

1%

4

Unsynchronized
cards

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

3

0.75

25%

5

Prompt Movement of
funds of revenue call and Expenditure Account

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

1

0.65

65%

6

Balancing all
LASG accounts with Alpha-Beta Consulting Ltd.

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

3

1.15

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

1.00

100%

9

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

0.99

99%

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

9.45

47%

DIAMOND BANK PLC

Data

No of State
Branches of current Bank

69

No of branches
issuing instant receipts

56

Total Monthly Collection from all banks

16,562,155,946.21

Total Monthly Collection from Current
bank

543,418,911.93

Total Number of Transactions From All
Banks

157719

Total Number of Transactions From Current
Bank

650

Total number of
cards issued to Banks by Current Bank

369

Total number of
Unsynchronized cards by Current Bank

277

Total No of Expected Transfers (Both Rev
and Expenditure)

20

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

13

Total number of
all Accounts  For Current Bank

13

Total number of balanced
Accounts

5

Balancing of
PAYE and WHT Accounts

1.00

Expected COT
charges For Current Bank

474,042.68

Actual COT
charges By Current Bank

474,042.67

Expected
interest Charges By Current Bank

309,444.78

Actual interest
Charges By Current Bank

305,158.73

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:  SEPTEMBER
2012

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

0.06

2%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.02

1%

4

Unsynchronized
cards

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

3

1.70

57%

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

1.20

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

1.93

97%

Total

20

8.72

44%

ECOBANK NIGERIA PLC

Data

No of State
Branches of current Bank

53

No of branches
issuing instant receipts

43

Total Monthly Collection from all banks

16,562,155,946.21

Total Monthly Collection from Current
bank

306,694,587.78

Total Number of Transactions From All
Banks

157719

Total Number of Transactions From Current
Bank

1417

Total number of
cards issued to Banks by Current Bank

360

Total number of
Unsynchronized cards by Current Bank

156

Total No of Expected Transfers (Both Rev
and Expenditure)

20

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

20

Total number of
all Accounts  For Current Bank

10

Total number of balanced
Accounts

4

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

363,067.00

Actual COT
charges By Current Bank

363,067.00

Expected
interest Charges By Current Bank

326,624.29

Actual interest Charges
By Current Bank

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

48

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

Bank Monthly Assessment

BANK:  ENTERPRISE BANK LIMITED                                                                                         PERIOD:  SEPTEMBER
2012

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

0.02

1%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.00

0%

4

Unsynchronized
cards

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

3

1.25

42%

5

Prompt Movement of
funds of revenue call and Expenditure Account

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

1

0.20

20%

6

Balancing all
LASG accounts with Alpha-Beta Consulting Ltd.

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

3

1.80

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

0.75

75%

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

8.79

44%

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

16,562,155,946.21

Total Monthly Collection from Current
bank

83,697,358.79

Total Number of Transactions From All
Banks

157719

Total Number of Transactions From Current
Bank

297

Total number of
cards issued to Banks by Current Bank

207

Total number of
Unsynchronized cards by Current Bank

121

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

15

Total number of balanced
Accounts

9

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

105,000.00

Actual COT
charges By Current Bank

Expected
interest Charges By Current Bank

208,313.64

Actual interest
Charges By Current Bank

208,313.64

Number of
instructions From AG (Inter Bank Transfer)

4

Number of
compliance within 48 hours (Inter Bank transfer)

3

Total Number of Reversal due to Error

5

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

Bank Monthly Assessment

BANK:  FIRST BANK OF NIGERIA PLC                                                                                       PERIOD:  SEPTEMBER
2012

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

0.20

7%

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

2.35

78%

5

Prompt Movement of
funds of revenue call and Expenditure Account

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

1

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

0.92

92%

9

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

0.97

97%

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

12.02

60%

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

16,562,155,946.21

Total Monthly Collection from Current
bank

1,084,219,486.95

Total Number of Transactions From All
Banks

157719

Total Number of Transactions From Current
Bank

11835

Total number of
cards issued to Banks by Current Bank

365

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)

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

233,055.16

Actual COT
charges By Current Bank

252,527.91

Expected
interest Charges By Current Bank

667,805.18

Actual interest
Charges By Current Bank

649,457.53

Number of
instructions From AG (Inter Bank Transfer)

Number of
compliance within 48 hours (Inter Bank transfer)

Total Number of Reversal due to Error

21

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:  SEPTEMBER
2012

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

0.16

5%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.06

3%

4

Unsynchronized
cards

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

3

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

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

10.61

53%

FIRST CITY MONUMENT BANK PLC

Data

No of State
Branches of current Bank

44

No of branches
issuing instant receipts

35

Total Monthly Collection from all banks

16,562,155,946.21

Total Monthly Collection from Current
bank

909,942,946.23

Total Number of Transactions From All
Banks

157719

Total Number of Transactions From Current
Bank

4932

Total number of
cards issued to Banks by Current Bank

233

Total number of
Unsynchronized cards by Current Bank

71

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

776,767.78

Actual COT
charges By Current Bank

776,767.78

Expected interest
Charges By Current Bank

247,253.56

Actual interest
Charges By Current Bank

246,707.03

Number of
instructions From AG (Inter Bank Transfer)

Number of
compliance within 48 hours (Inter Bank transfer)

Total Number of Reversal due to Error

11

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

Bank Monthly Assessment

BANK:  Fidelity Bank Plc.                                                                                 PERIOD:  SEPTEMBER
2012

S/NO

CRITERIA

FORMULATION

Max. Points
Obtainable

Points Obtained

PERCENTAGE

1

Instant Receipts
Compliance

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

1

0.79

79%

2

Value of monthly
collection

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

3

0.17

6%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.32

16%

4

Unsynchronized
cards

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

3

1.88

63%

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

0.22

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

0.99

99%

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

9.37

47%

Fidelity Bank Plc.

Data

No of State
Branches of current Bank

58

No of branches
issuing instant receipts

46

Total Monthly Collection from all banks

16,562,155,946.21

Total Monthly Collection from Current
bank

917,577,154.83

Total Number of Transactions From All
Banks

157719

Total Number of Transactions From Current
Bank

25182

Total number of
cards issued to Banks by Current Bank

196

Total number of
Unsynchronized cards by Current Bank

73

Total No of Expected Transfers (Both Rev
and Expenditure)

20

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

20

Total number of
all Accounts  For Current Bank

27

Total number of balanced
Accounts

2

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

429,448.55

Actual COT
charges By Current Bank

429,453.57

Expected
interest Charges By Current Bank

729,371.99

Actual interest
Charges By Current Bank

719,401.03

Number of
instructions From AG (Inter Bank Transfer)

Number of
compliance within 48 hours (Inter Bank transfer)

Total Number of Reversal due to Error

18

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

Bank Monthly Assessment

BANK:  FirstInland Bank PLC                                                                                    PERIOD:  SEPTEMBER
2012

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

0.05

2%

3

No of Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.02

1%

4

Unsynchronized
cards

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

3

0.46

15%

5

Prompt Movement of
funds of revenue call and Expenditure Account

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

1

0.40

40%

6

Balancing all
LASG accounts with Alpha-Beta Consulting Ltd.

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

3

0.35

12%

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

6.89

34%

FirstInland Bank PLC

Data

No of State
Branches of current Bank

41

No of branches
issuing instant receipts

25

Total Monthly Collection from all banks

16,562,155,946.21

Total Monthly Collection from Current
bank

248,904,317.34

Total Number of Transactions From All
Banks

157719

Total Number of Transactions From Current
Bank

1441

Total number of
cards issued to Banks by Current Bank

137

Total number of
Unsynchronized cards by Current Bank

116

Total No of Expected Transfers (Both Rev
and Expenditure)

20

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

8

Total number of
all Accounts  For Current Bank

17

Total number of balanced
Accounts

2

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

220,087.13

Actual COT
charges By Current Bank

220,087.13

Expected
interest Charges By Current Bank

365,773.86

Actual interest
Charges By Current Bank

365,773.86

Number of
instructions From AG (Inter Bank Transfer)

Number of
compliance within 48 hours (Inter Bank transfer)

Total Number of Reversal due to Error

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:  SEPTEMBER
2012

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

0.07

4%

4

Unsynchronized
cards

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

3

2.39

80%

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

1.60

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

1.99

100%

Total

20

10.81

54%

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

16,562,155,946.21

Total Monthly Collection from Current
bank

619,106,804.92

Total Number of Transactions From All Banks

157719

Total Number of Transactions From Current
Bank

5612

Total number of
cards issued to Banks by Current Bank

336

Total number of
Unsynchronized cards by Current Bank

68

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

45

Total number of balanced
Accounts

24

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

204,671.23

Actual COT
charges By Current Bank

204,671.23

Expected
interest Charges By Current Bank

268,095.13

Actual interest
Charges By Current Bank

267,357.25

Number of
instructions From AG (Inter Bank Transfer)

Number of
compliance within 48 hours (Inter Bank transfer)

Total Number of Reversal due to Error

25

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

Bank Monthly Assessment

BANK:  KEYSTONE BANK LIMITED                                                                                PERIOD:  SEPTEMBER
2012

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

0.03

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

2.43

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

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

0.25

8%

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

1.99

100%

Total

20

8.74

44%

KEYSTONE BANK LIMITED

Data

No of State
Branches of current Bank

59

No of branches
issuing instant receipts

47

Total Monthly Collection from all banks

16,562,155,946.21

Total Monthly Collection from Current
bank

170,696,504.63

Total Number of Transactions From All
Banks

157719

Total Number of Transactions From Current
Bank

442

Total number of
cards issued to Banks by Current Bank

178

Total number of
Unsynchronized cards by Current Bank

34

Total No of Expected Transfers (Both Rev
and Expenditure)

20

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

5

Total number of
all Accounts  For Current Bank

12

Total number of balanced
Accounts

1

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

216,863.12

Actual COT
charges By Current Bank

216,863.23

Expected
interest Charges By Current Bank

219,746.07

Actual interest
Charges By Current Bank

216,310.20

Number of
instructions From AG (Inter Bank Transfer)

Number of
compliance within 48 hours (Inter Bank transfer)

Total Number of Reversal due to Error

3

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

Bank Monthly Assessment

BANK:  MAINSTREET BANK LIMITED                                                                                       PERIOD:  SEPTEMBER
2012

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

0.05

2%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.03

2%

4

Unsynchronized
cards

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

3

2.73

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

0.20

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

2.08

69%

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

0.98

98%

10

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

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

1

1.00

100%

11

Reversal of
Collection

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

2

1.99

100%

Total

20

12.06

60%

MAINSTREET BANK LIMITED

Data

No of State
Branches of current Bank

40

No of branches
issuing instant receipts

40

Total Monthly Collection from all banks

16,562,155,946.21

Total Monthly Collection from Current
bank

269,867,307.66

Total Number of Transactions From All
Banks

157719

Total Number of Transactions From Current
Bank

2209

Total number of
cards issued to Banks by Current Bank

256

Total number of
Unsynchronized cards by Current Bank

23

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

13

Total number of balanced
Accounts

9

Balancing of
PAYE and WHT Accounts

1.00

Expected COT
charges For Current Bank

144,000.00

Actual COT
charges By Current Bank

40,384.53

Expected
interest Charges By Current Bank

119,038.60

Actual interest
Charges By Current Bank

116,503.83

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

6

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

Bank Monthly Assessment

BANK:  Oceanic Bank International Nig. Plc                                                                                      PERIOD:  SEPTEMBER
2012

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

0.03

1%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.07

4%

4

Unsynchronized
cards

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

3

2.70

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

0.95

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

0.12

4%

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

9.67

48%

Oceanic Bank International Nig. Plc

Data

No of State
Branches of current Bank

104

No of branches
issuing instant receipts

83

Total Monthly Collection from all banks

16,562,155,946.21

Total Monthly Collection from Current
bank

186,845,440.77

Total Number of Transactions From All
Banks

157719

Total Number of Transactions From Current
Bank

5723

Total number of
cards issued to Banks by Current Bank

434

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)

19

Total number of
all Accounts  For Current Bank

26

Total number of balanced
Accounts

1

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

204,671.23

Actual COT
charges By Current Bank

204,671.23

Expected
interest Charges By Current Bank

268,095.13

Actual interest
Charges By Current Bank

267,357.25

Number of
instructions From AG (Inter Bank Transfer)

Number of
compliance within 48 hours (Inter Bank transfer)

Total Number of Reversal due to Error

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

Bank Monthly Assessment

BANK:  SKYE BANK PLC                                                                                         PERIOD:  SEPTEMBER
2012

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

0.39

13%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.39

20%

4

Unsynchronized
cards

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

3

2.97

99%

5

Prompt Movement of
funds of revenue call and Expenditure Account

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

1

1.00

100%

6

Balancing all
LASG accounts with Alpha-Beta Consulting Ltd.

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

3

2.18

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

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

12.74

64%

SKYE BANK PLC

Data

No of State
Branches of current Bank

67

No of branches
issuing instant receipts

54

Total Monthly Collection from all banks

16,562,155,946.21

Total Monthly Collection from Current
bank

2,166,361,819.37

Total Number of Transactions From All
Banks

157719

Total Number of Transactions From Current
Bank

30934

Total number of
cards issued to Banks by Current Bank

342

Total number of
Unsynchronized cards by Current Bank

3

Total No of Expected Transfers (Both Rev
and Expenditure)

20

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

20

Total number of
all Accounts  For Current Bank

55

Total number of balanced
Accounts

40

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

1,472,498.50

Actual COT
charges By Current Bank

1,472,498.50

Expected
interest Charges By Current Bank

3,144,053.83

Actual interest
Charges By Current Bank

3,144,053.83

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:  Stanbic IBTC Bank PLC                                                                                PERIOD:  SEPTEMBER
2012

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

0.05

2%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.02

1%

4

Unsynchronized
cards

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

3

1.79

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

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

2.36

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

1.99

100%

Total

20

13.16

66%

Stanbic IBTC Bank PLC

Data

No of State
Branches of current Bank

65

No of branches
issuing instant receipts

65

Total Monthly Collection from all banks

16,562,155,946.21

Total Monthly Collection from Current
bank

290,515,636.13

Total Number of Transactions From All
Banks

157719

Total Number of Transactions From Current
Bank

1637

Total number of
cards issued to Banks by Current Bank

161

Total number of
Unsynchronized cards by Current Bank

65

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

11

Balancing of
PAYE and WHT Accounts

2.00

Expected COT
charges For Current Bank

536,355.56

Actual COT
charges By Current Bank

538,129.05

Expected
interest Charges By Current Bank

332,710.45

Actual interest
Charges By Current Bank

332,710.45

Number of
instructions From AG (Inter Bank Transfer)

Number of
compliance within 48 hours (Inter Bank transfer)

Total Number of Reversal due to Error

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:  SEPTEMBER
2012

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

0.20

7%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.22

11%

4

Unsynchronized
cards

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

3

2.62

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

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

0.80

27%

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

10.62

53%

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

16,562,155,946.21

Total Monthly Collection from Current
bank

1,077,620,848.28

Total Number of Transactions From All
Banks

157719

Total Number of Transactions From Current
Bank

17361

Total number of
cards issued to Banks by Current Bank

676

Total number of
Unsynchronized cards by Current Bank

85

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

49

Total number of balanced
Accounts

13

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

967,729.11

Actual COT
charges By Current Bank

967,729.11

Expected
interest Charges By Current Bank

665,957.75

Actual interest
Charges By Current Bank

650,046.76

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:  SEPTEMBER
2012

S/NO

CRITERIA

FORMULATION

Max. Points
Obtainable

Points Obtained

PERCENTAGE

1

Instant Receipts
Compliance

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

1

0.79

79%

2

Value of monthly
collection

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

3

0.39

13%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.11

6%

4

Unsynchronized
cards

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

3

2.79

93%

5

Prompt Movement of
funds of revenue call and Expenditure Account

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

1

1.00

100%

6

Balancing all
LASG accounts with Alpha-Beta Consulting Ltd.

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

3

1.73

58%

7

Balancing of
PAYE and WHT Accounts

Neither Balanced
= 0

Either Balanced
= 1

Both Balanced =
2

2

0.00

0%

8

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

Expected
charges/ Actual charges

1

0.99

99%

9

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

1.00

100%

10

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

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

1

1.00

100%

11

Reversal of
Collection

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

2

1.96

98%

Total

20

11.76

59%

United Bank For Africa Plc.

Data

No of State
Branches of current Bank

125

No of branches
issuing instant receipts

99

Total Monthly Collection from all banks

16,562,155,946.21

Total Monthly Collection from Current
bank

2,154,020,103.72

Total Number of Transactions From All
Banks

157719

Total Number of Transactions From Current
Bank

8980

Total number of
cards issued to Banks by Current Bank

485

Total number of
Unsynchronized cards by Current Bank

34

Total No of Expected Transfers (Both Rev
and Expenditure)

20

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

20

Total number of
all Accounts  For Current Bank

33

Total number of balanced
Accounts

19

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

2,785,496.42

Actual COT
charges By Current Bank

2,824,260.46

Expected
interest Charges By Current Bank

1,609,971.49

Actual interest
Charges By Current Bank

1,605,441.06

Number of
instructions From AG (Inter Bank Transfer)

Number of
compliance within 48 hours (Inter Bank transfer)

Total Number of Reversal due to Error

174

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:  SEPTEMBER
2012

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

0.09

5%

4

Unsynchronized
cards

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

3

2.59

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

0.20

20%

6

Balancing all
LASG accounts with Alpha-Beta Consulting Ltd.

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

3

1.50

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

0.98

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

10.45

52%

Union Bank of Nigeria Plc.

Data

No of State
Branches of current Bank

87

No of branches
issuing instant receipts

70

Total Monthly Collection from all banks

16,562,155,946.21

Total Monthly Collection from Current
bank

1,603,044,631.16

Total Number of Transactions From All
Banks

157719

Total Number of Transactions From Current
Bank

7097

Total number of
cards issued to Banks by Current Bank

499

Total number of
Unsynchronized cards by Current Bank

68

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

12

Total number of balanced
Accounts

6

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

993,000.00

Actual COT
charges By Current Bank

802,800.00

Expected
interest Charges By Current Bank

572,453.83

Actual interest
Charges By Current Bank

562,642.82

Number of
instructions From AG (Inter Bank Transfer)

5

Number of
compliance within 48 hours (Inter Bank transfer)

5

Total Number of Reversal due to Error

6

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

Bank Monthly Assessment

BANK:  UNITY BANK PLC                                                                                       PERIOD:  SEPTEMBER
2012

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

0.00

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

1.84

61%

5

Prompt Movement of
funds of revenue call and Expenditure Account

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

1

1.00

100%

6

Balancing all
LASG accounts with Alpha-Beta Consulting Ltd.

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

3

0.00

0%

7

Balancing of
PAYE and WHT Accounts

Neither Balanced
= 0

Either Balanced
= 1

Both Balanced =
2

2

0.00

0%

8

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

Expected
charges/ Actual charges

1

1.00

100%

9

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

0.94

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

0.75

75%

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

8.03

40%

UNITY BANK PLC

Data

No of State
Branches of current Bank

32

No of branches
issuing instant receipts

16

Total Monthly Collection from all banks

16,562,155,946.21

Total Monthly Collection from Current
bank

24,783,560.79

Total Number of Transactions From All
Banks

157719

Total Number of Transactions From Current
Bank

317

Total number of
cards issued to Banks by Current Bank

225

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

10

Total number of balanced
Accounts

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

44,000.00

Actual COT
charges By Current Bank

44,000.00

Expected
interest Charges By Current Bank

24,177.55

Actual interest
Charges By Current Bank

22,812.43

Number of
instructions From AG (Inter Bank Transfer)

4

Number of
compliance within 48 hours (Inter Bank transfer)

3

Total Number of Reversal due to Error

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

Bank Monthly Assessment

BANK:  WEMA BANK PLC.                                                                                      PERIOD:  SEPTEMBER
2012

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

0.06

2%

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

2.97

99%

5

Prompt Movement of
funds of revenue call and Expenditure Account

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

1

0.95

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

2.25

75%

7

Balancing of
PAYE and WHT Accounts

Neither Balanced
= 0

Either Balanced
= 1

Both Balanced =
2

2

2.00

100%

8

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

Expected
charges/ Actual charges

1

1.00

100%

9

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

0.99

99%

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

14.37

72%

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

16,562,155,946.21

Total Monthly Collection from Current
bank

330,051,703.35

Total Number of Transactions From All
Banks

157719

Total Number of Transactions From Current
Bank

11801

Total number of cards
issued to Banks by Current Bank

283

Total number of
Unsynchronized cards by Current Bank

3

Total No of Expected Transfers (Both Rev
and Expenditure)

20

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

19

Total number of
all Accounts  For Current Bank

16

Total number of balanced
Accounts

12

Balancing of
PAYE and WHT Accounts

2.00

Expected COT
charges For Current Bank

1,202,723.85

Actual COT
charges By Current Bank

1,202,723.85

Expected
interest Charges By Current Bank

794,168.89

Actual interest
Charges By Current Bank

784,420.44

Number of
instructions From AG (Inter Bank Transfer)

Number of
compliance within 48 hours (Inter Bank transfer)

Total Number of Reversal due to Error

1

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

Bank Monthly Assessment

BANK:  ZENITH BANK PLC                                                                                     PERIOD:  SEPTEMBER
2012

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

0.43

14%

3

No of
Transactions

Volume of
collections by Bank / Total volume from all Banks

2

0.17

9%

4

Unsynchronized
cards

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

3

2.41

80%

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

2.04

68%

7

Balancing of
PAYE and WHT Accounts

Neither Balanced
= 0

Either Balanced
= 1

Both Balanced =
2

2

0.00

0%

8

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

Expected
charges/ Actual charges

1

1.00

100%

9

Regular payments
of correct interest on collection and Call account

Actual
interest/Expected interest

1

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

1.99

100%

Total

20

11.78

59%

ZENITH BANK PLC

Data

No of State
Branches of current Bank

120

No of branches
issuing instant receipts

96

Total Monthly Collection from all banks

16,562,155,946.21

Total Monthly Collection from Current
bank

2,390,304,813.78

Total Number of Transactions From All
Banks

157719

Total Number of Transactions From Current
Bank

13450

Total number of
cards issued to Banks by Current Bank

737

Total number of
Unsynchronized cards by Current Bank

146

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

28

Total number of balanced
Accounts

19

Balancing of
PAYE and WHT Accounts

0.00

Expected COT
charges For Current Bank

2,434,668.15

Actual COT
charges By Current Bank

2,434,668.15

Expected
interest Charges By Current Bank

1,019,291.57

Actual interest
Charges By Current Bank

962,709.42

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.