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Canceling and Cutting Control Clerk

Verify amount and denominations of worn or mutilated currency.

What does a Canceling and Cutting Control Clerk do?

Verifies amount and denominations of worn or mutilated currency for canceling and cutting in unit of Federal Reserve Bank: Counts amounts and denominations of worn or mutilated currency, using automatic counting machine. Verifies entries on delivery and debit tickets. Records amounts, denominations, and types of currency processed and shipped for destruction. Totals figures daily in ledger to prove transactions, using adding machine or calculator. Oversees canceling and cutting operations to ensure custody of currency during operations. Notifies U.S. Treasury Department of daily disposition of specified categories of currency. Compiles and prepares statistical reports.