Check clearing


 

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Check clearing

The movement of a check from the depository institution at which it was deposited back to the institution on which it was written; the movement of funds in the opposite direction and the corresponding credit and debit to the involved accounts. The Federal Reserve operates a nationwide check-clearing system.



Check clearing

Similar Matches

Market clearing

Market clearing

Total demand for loans by borrowers equals total supply of loans from lenders. The market, any market, clears at the equilibrium rate of interest or price.


Clearing House Interbank Payments System (CHIPS)

Clearing House Interbank Payments System (CHIPS)

An international wire transfer system for high-value payments operated by a group of major banks.


Bankers Automated Clearing Services

Bankers Automated Clearing Services

BACS is an APACS clearing company which provides an automated clearing service for payments originated by Settlement Members or those they sponsor.


Clearing house automated payment system

Clearing house automated payment system

A computerised payment system for clearing cheques in the UK.


Inter branch clearing

Inter branch clearing

The process of payment clearance between two branches of the same bank.


Further Suggestions

inter bank clearing
London Clearing House
credit clearing
Recognised Clearing House
Clearing system
Clearing House Automated Payments System (CHAPS)
Options Clearing Corporation (OCC)
Clearing member
cheque clearing
Automated Clearing House (ACH)
Options Clearing Corporation
Market clearing
Mortgage Backed Securities Clearing Corporation (MBSCC)
Clearing House Electronic Subregister System (CHESS)
clearing house
clearing
National Securities Clearing Corporation (NSCC)
Clearing house funds
clearing house interbank payment system
Clearing corporations
Joint clearing members
Clearinghouse
Nonclearing member
National Securities Clearing Corporation


 
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