To: Finance Department

From: Treasury Back office

Date: 29 August 2022

Authority Sought:

We hereby seek authority to reverse debit and credit interest amounts in various call accounts stated below.

Background

T24 system auto-processed the following debit and credit interest amounts on call accounts and this is not
normal.

Account Details
Account No Name Debit INTRST Credit INTRST
1000093676 NMB BANK LIMITED 8,742,651.24 410,715.90
1000393521 FBC BUILDING SOCIETY 147.11
1000412108 BANC ABC 204,520.88
1000486155 FBC BANK LIMITED 3,341,457.03
1000582227 AGRICULTURAL BANK OF ZIMBABWE LIMI 5,857,326.97
1001355585 CBZ BANK LIMITED 206.78
1001506068 FIRST MUTUAL HOLDINGS LIMITED 154,109.59
1001850373 CABS 555,682.47 934,062.03
1008693974 ZB FINANCIAL HOLDINGS 23,351.87
Total 18,879,453.94 1,344,777.93

USD
1037961112 RBZ 0.13

Recommendation

We hereby request the reversal of the interest amounts as call accounts should not attract any interest. A change
request has also been raised to ICT to ensure this does not happen again.

Date 29 August 2022

Prepared By: Treasury Back Office Clerk
 Date 30 August 2022
Recommended By: Money Market Supervisor

Approved / Declined:
Comments
30-08-2022
Date
Manager: Treasury Back office

-------------
Approved / Declined:
Comments
31/08/2022
Date
Divisional Head: Bank Operations

Approved / Declined:
Comments

Date
Financial Controller