Clearing house funds


 

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Clearing house funds

Funds from the Federal Reserve System, requiring three days to clear, that are passed to and from banks.



Clearing house funds

Similar Matches

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 member

Clearing member

A member firm of a clearing house. Each clearing member must also be a member of the exchange. Not all members of the exchange, however, are members of the clearing organization. All trades of a non-clearing member must be registered with, and eventually settled through, a clearing member.


National Securities Clearing Corporation (NSCC)

National Securities Clearing Corporation (NSCC)

A clearing corporation that facilitates the settlement of accounts among brokerage firms, exchanges, and other clearing corporations.


Credit clearing

Credit clearing

A system for the distribution of bank giro credits and other credits between banks to enable funds to be transferred into specified accounts.


Check clearing

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.


Further Suggestions

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


 
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