SAQA All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.
SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED UNIT STANDARD THAT HAS PASSED THE END DATE: 

Manage cash in till or under counter safe in a banking environment 
SAQA US ID UNIT STANDARD TITLE
114763  Manage cash in till or under counter safe in a banking environment 
ORIGINATOR
SGB Banking and Micro Finance 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
BANKSETA - Banking Sector Education and Training Authority 
FIELD SUBFIELD
Field 03 - Business, Commerce and Management Studies Finance, Economics and Accounting 
ABET BAND UNIT STANDARD TYPE PRE-2009 NQF LEVEL NQF LEVEL CREDITS
Undefined  Regular  Level 4  NQF Level 04  5 
REGISTRATION STATUS REGISTRATION START DATE REGISTRATION END DATE SAQA DECISION NUMBER
Passed the End Date -
Status was "Reregistered" 		 2018-07-01  2023-06-30  SAQA 06120/18 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2026-06-30   2029-06-30  

In all of the tables in this document, both the pre-2009 NQF Level and the NQF Level is shown. In the text (purpose statements, qualification rules, etc), any references to NQF Levels are to the pre-2009 levels unless specifically stated otherwise.  

This unit standard replaces: 
US ID Unit Standard Title Pre-2009 NQF Level NQF Level Credits Replacement Status
7308  Manage cash in till or under counter safe in a banking environment  Level 5  Level TBA: Pre-2009 was L5  5   

PURPOSE OF THE UNIT STANDARD 
This unit standard is intended for persons who manage cash in their till or under counter safe.

Persons credited with this standard will be able to:
  • Maintain the cash
  • Balance and trace differences in cash
  • Manage the cash 
    		•

    LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
    It is assumed that learners are competent in Communication and Mathematical literacy at NQF Level 3. 

    UNIT STANDARD RANGE 
    Cash movements include Treasury, inter-teller transactions. 

    Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    Maintain the cash. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    The cash is packaged according to standard operating practices. 

    ASSESSMENT CRITERION 2 
    The cash is tagged according to standard operating practices. 

    ASSESSMENT CRITERION 3 
    Mutilated and soiled notes are taken out of circulation and dealt with in accordance with company specific requirements. 

    SPECIFIC OUTCOME 2 
    Balance and trace differences in cash. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    The cash is balanced daily in accordance with business specific requirements. 

    ASSESSMENT CRITERION 2 
    Cash differences are traced and rectified according to business specific requirements. 

    ASSESSMENT CRITERION 3 
    Proof of balance is verified and signed off in accordance with business specific requirements. 

    SPECIFIC OUTCOME 3 
    Manage the cash. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    Cash movements are carried out according to business specific requirements. 

    ASSESSMENT CRITERION 2 
    Cash limits are adhered to in accordance with business specific overnight limits. 

    ASSESSMENT CRITERION 3 
    Cash is secured according to business specific procedures. 


    UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS 
    1. Anyone assessing a learner against this Unit Standard must be registered as an assessor with the relevant ETQA, or with an ETQA that has a Memorandum of Understanding with the relevant ETQA.

    2. Any institution offering learning that will enable achievement of this Unit Standard or assessing this Unit Standard must be accredited as a provider with the relevant ETQA, or with an ETQA that has a Memorandum of Understanding with the relevant ETQA.

    3. Moderation of assessment will be overseen by the relevant ETQA according to the moderation guidelines in the relevant qualification and the agreed ETQA procedures.

    Therefore anyone wishing to be assessed against this Unit Standard may apply to be assessed by any assessment agency, assessor or provider institution, which is accredited by the relevant ETQA. or by an ETQA that has a Memorandum of Understanding with the relevant ETQA. 

    UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE 
  • How cash is balanced
  • The importance of secure cash handling practices 
    		•

    UNIT STANDARD DEVELOPMENTAL OUTCOME 
    N/A 

    UNIT STANDARD LINKAGES 
    N/A 


    Critical Cross-field Outcomes (CCFO): 

    UNIT STANDARD CCFO IDENTIFYING 
    To use critical and creative thinking to identify and solve problems when tracing and correcting cash differences. 

    UNIT STANDARD CCFO ORGANISING 
    To organise and manage one's activities when packing and tagging cash. 

    UNIT STANDARD CCFO COLLECTING 
    To collect and evaluate information critically when balancing cash. 

    UNIT STANDARD ASSESSOR CRITERIA 
    N/A 

    REREGISTRATION HISTORY 
    As per the SAQA Board decision/s at that time, this unit standard was Reregistered in 2012; 2015. 

    UNIT STANDARD NOTES 
    As from the date of registration of this unit standard, it replaces unit standard 7308 which was: "Manage cash in till or under counter safe in a banking environment", 5 credits and NQF level 5.

    Legal requirements
  • Code of Banking Practice 
    		•

    QUALIFICATIONS UTILISING THIS UNIT STANDARD: 
      ID QUALIFICATION TITLE PRE-2009 NQF LEVEL NQF LEVEL STATUS END DATE PRIMARY OR DELEGATED QA FUNCTIONARY
    Elective  20185   Further Education and Training Certificate: Banking  Level 4  NQF Level 04  Passed the End Date -
    Status was "Reregistered"     		 2023-06-30  BANKSETA 


    PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS UNIT STANDARD: 
    This information shows the current accreditations (i.e. those not past their accreditation end dates), and is the most complete record available to SAQA as of today. Some Primary or Delegated Quality Assurance Functionaries have a lag in their recording systems for provider accreditation, in turn leading to a lag in notifying SAQA of all the providers that they have accredited to offer qualifications and unit standards, as well as any extensions to accreditation end dates. The relevant Primary or Delegated Quality Assurance Functionary should be notified if a record appears to be missing from here.
     
    1. AAR Trading and Projects (Pty) Ltd 
    2. Advanced Assessments and Training (Pty) Ltd 
    3. Africa Glory Empowerment Services 
    4. Assured Vocational Skills Institute (Pty) Ltd 
    5. Brainwave Project 707 Pty Ltd 
    6. Brainwave Projects 707 
    7. CHARTER ACADEMY 
    8. Compuscan Academy 
    9. DC Academy 
    10. Delmas Development Centre 
    11. Fachs Business Consulting and Training 
    12. Gigimo Tourism Academy 
    13. MAT 007 (PTY) LTD 
    14. Matibidi Raphela Investments (Pty) LTD 
    15. Octomate Education Pty Ltd 
    16. Octopus Training Solutions 
    17. Production Management Institute of Southern Africa (Pty) Ltd 
    18. RIAPHATHUTSHEDZA 
    19. SIGNA ACADEMY (PTY) LTD 
    20. Sinovuyolethu Trading (Pty) Ltd 
    21. THE SHERQ CENTRE OF EXCELLENCE PTY LTD 


    All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.