FOCAL POINT SYSTEM: According to the revised procedure of reporting and reconciliation of Railway's Bank Reconciliation i.e. under the Focal Point System, all paid cheques are sent to F.A.& CAO on daily schedule by the "Focal Point Branch" of each Bank duly entered in the daily main scroll including the daily scrolls rendered by the various dealing branches in duplicated. These scrolls are verified in detailed inter alia with paid cheques . This Verification will ensure that prima facie the paid cheques do not bear an indication of having been tampered in respect of the name of the payee or the amount recorded in the figures and words.
After verification of daily scroll with paid cheques, one verified duplicate copy is returned to the "Focal Point Branch" and the paid cheques are retained for reconciliation with data of cheques issued for clearance of cheques and bills suspense.
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