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coupon clerk
A professional who 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. Respnsibilities include:
- Examines coupons presented for payment to verify issue, payment date, and amount due.
- Enters credit in customer's passbook or into computer system, for coupons accepted for payment.
- Liquidates collection payment by debiting and crediting accounts.
- Issues checks to bond owners in settlement of transactions.
- Totals and proves daily transactions, using adding machine or calculator.
- Composes, types, and mails correspondence relating to discrepancies, errors, and outstanding unpaid items.
- Totals outstanding unpaid cash coupons, using adding machine or calculator, and records amounts in ledgers or into computer system.
- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Professional careers
- Category: Occupational titles
- Company: U.S. DOL
- Product:
- Acronym-Abbreviation:
Other Languages:
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