Job Description:

• 1) Receives matured bond coupons from bank departments, local banks, and customers to effect collection on cash basis, or for payment when future collection is made: Examines coupons presented for payment to verify issue, payment date, and amount due.

• 2) Enters credit in customer's passbook or into computer system, for coupons accepted for payment.

• 3) Liquidates collection payment by debiting and crediting accounts.

• 4) Issues checks to bond owners in settlement of transactions.

• 5) Totals and proves daily transactions, using adding machine or calculator.

• 6) Composes, types, and mails correspondence relating to discrepancies, errors, and outstanding unpaid items.

• 7) Totals outstanding unpaid cash coupons, using adding machine or calculator, and records amounts in ledgers or into computer system.