Question

What is the process for the Disbursing Officer (DO) to claim any discrepancies to the Treasury via the bank the currency was obtained?

Answer 1

The process for a Disbursing Officer (DO) to claim any discrepancies to the Treasury via the bank the currency was obtained involves several steps, including gathering documentation, contacting the bank, conducting investigations, and resolving discrepancies.

Step-by-step explanation:

The process for a Disbursing Officer (DO) to claim any discrepancies to the Treasury via the bank the currency was obtained involves several steps:

1. The DO should first gather all relevant documentation, such as receipts or records of the currency transactions.
2. The DO should then contact the bank where the currency was obtained and inform them of the discrepancies.
3. The bank will conduct an investigation into the matter, which may involve reviewing transaction records and verifying the DO's claims.
4. If the bank determines that there are indeed discrepancies, they will file a report with the Treasury, providing detailed information about the discrepancies and the steps they have taken to resolve the issue.
5. The Treasury will then review the bank's report and take appropriate action, which may include conducting their own investigation or requesting additional information from the DO or the bank.
6. Once the discrepancies are resolved, the Treasury will provide the necessary adjustments to the DO's account if required.