Feeding Branch Operation

&
Cash Handling & Maintenance Related to ATM Operation

Shah Md.Ainul Hoque

Principal Officer
Head Office Corporate
Branch

Export Import Bank of Bangladesh Limited (EXIM Bank) is one of the leading private commercial banks in
Bangladesh. The Bank came into operation as a commercial bank on 3 August 1999 as per rules and regulations
of Bangladesh Bank.From its establishment the bank was known as BEXIM Bank Limited.But due to legal
constraints, the bank was renamed as EXIM Bank, which stood for Export Import Bank of Bangladesh Limited.
By July 2004 the bank has migrated all of its conventional banking operation into Shariah based Islamic
banking.It is about 20 years that our Bank has come into banking arena and by the grace of almighty Allah; we
have been able to register growth in different dimension both in quality and quantity.

Our motijheel branch has been rendering the services of Cash Lifting and Feeding to our different branches
since long.In the process of continuous business and system analysis, we felt it important and necessary to bring
in a change in our cash management of different branches.

Keeping the matter in mind and for the sake of convenience, efficiency, better operational control, risk and cost
minimization, it is necessary to re-arrange cash lifting and feeding arrangement amongst all the branches of
Dhaka and its adjacent areas and the Management of the Bank has decided to re-arrange our existing system by
splitting the job within our Motijheel & Head Office Corporate branch as shown herein below:

SI.NO Motijheel Feeding Branch "A" SI.NO HO Corporate Feeding Branch "B"
1 Panthapath 1 Gajipur Chowrasta
2 Imamgon 2 Gulshan
3 Nawabpur 3 Uttara
4 Narayangonj 4 Mirpur
5 Shimrail 5 Mawna Chowrasta
6 Rajuk Avanue 6 Ashulia
7 New Eskaton 7 Bashundhara
8 Elephant Road 8 Savar Bazar
9 Malibagh 9 Kawran Bazar
10 Ashugonuj 10 Board Bazar
11 Satmasjid road 11 Banani
12 Paltan 12 Dhanmondi
16 Keranigonj 13 Mymensingh
14 Sonargaon 14 Garib -E-Newaz
15 Dania 15 -----

16 ------ 16 -----

17 ----- 17 -----

18 ------ 18 ------

Description of policy:
The following interest being the property of the insured or held by them in trust or on commission or
on joint account with others for which they are legally liable for loss or damage caused by any mishap
would be covered by the policy:

Nature of Existing coverage Premium

policy Limit payable
Cash -in -Safe Tk1.00 Covering the risk on cash coins or currency notes kept Tk ----
crore in heavy Iron Vault only.
Cash - on - Tk.50 Covering the risk on cash coins or currency notes kept Tk -----
Counter crore in the bank counter only during the business hours of the
insured bank premises.
Cash - in - Cash and/or currency notes whilst in Transit from Tk -----
Transit Tk.100.00 Export Import Bank of Bangladesh Limited, Head
crore Office Corporate Branch to our all listed branches &
(Yearly vice verses.
Carry ) (Tk.10.00
crore)
(Single Carry)
Total ------
Premium

Nature of Policy Slab of sum Premium rate Note

insured
Cash -in -Safe N/A 0.15% on total insured amount
for the year.
Cash -on- N/A 0.30% on total insured amount To obtain security coverage
Counter for the year. for any short period of time,
Cash -in- Transit Up to Tk. 1.50 0.006% on total annual turnover premium to be paid on Pro-
crore per single rata basis i.e. "premium to be
carry paid at least for 01 (one)
Exceeding Tk. 1.50 0.007% on total annual turnover month ".
crore but upto Tk.
5.00 crore
Exceeding Tk. 0.008% on total annual turnover
5.00crore but upto
Tk.10.00 crore
Above Tk.10.00 0.009% on total annual turnover
Crore

Responsibilities and functions of feeding branch:

1. Cash lifting from the concern branch

2. Cash feeding as and where required

3. Maintaining cash position from our first experience

4. Every branch maintain their cash position as per their required

5. Consulting Branch officials Time to time

6. Providing security during lifting and feeding.

ATM Maintenance
As of January, 2019 the bank has operations across the country with 123 branches and 120 ATM
booths. It is also the responsibility of all branches to maintain their all ATM booths and to ensure a
better service.

 Checking working functions of air condition, light, CC TV inside ATM booth for better
service
 Assuring continuous electric supply
 Providing sufficient journal paper in ATM
 Providing sufficient Receive paper in ATM
 Ensuring enough balance for customer services
 Taking measures for a clean environment
 Giving surprise visit : here visitors may be

1. Honorable MD

2. Senior HO Executives

3. Branch managers

4. Bangladesh Bank Officials.

ATM INSURANCE POLICY

The following interest being the property of the insured or held by them in trust or on commission
or on joint account with others for which they are legally liable for loss or damages caused by any
mishap would be covered by the policy:

Nature of Sum insured Coverage Premium

policy payable
Cash -in- Tk.0.50 crore Covering the risk on cash or currency notes kept in the Tk.15,000.00
ATM ATM installed premises.
Cash -in- Tk.30,000.00
Transit Cash and /or currency notes whilst in Transit from
Export Import Bank of Bangladesh Limited, Head Office
(yearly Tk.50.00 crore Corporate Branch to the ATM and vice versa by Bank
Carry) officials or insured own /hired transport with armed
(Tk.0.50 crore) guard within office hour on working days
(single Carry)
Total premium Tk.45,000.00
Calculation of premium:

Nature of Slub of sum insured premium rate Note

Policy
Cash -in- ATM N/A 0.30% on total insured amount for
the year. To obtain security
Cash -in-Transit Up to tk 1.50 crore 0.006% on total annual turnover coverage for any short
per single carry period of time, premium
Exceeding Tk.1.50 0.007% on total annual turnover to be paid on Pro-rata
crore but upto Tk basis i.e.” premium to be
3.00 crore paid at least for 01 (one)
Exceeding Tk 3.00 0.008% on total annual turnover month ".
crore but upto Tk
5.00 crore

Insurer:

Exim Bank maintains its own insurance fund through an internal committee. Its name is “Contingency
Fund for Cash Mishap Management Committee.” Normally, the insurance period is for one year. i.e.
1st January to 31st December.