Credit clearing


 

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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.



Similar Matches

Clearing House Electronic Subregister System (CHESS)

Clearing House Electronic Subregister System (CHESS)

CHESS is the automatic transfer and settlement system for the majority of Australian Stock Exchange (ASX) listed securities.


Mortgage Backed Securities Clearing Corporation (MBSCC)

Mortgage Backed Securities Clearing Corporation (MBSCC)

"Founded" in 1979, MBSCC is the sole provider of automated post-trade comparison, netting, risk management and pool notification services to the mortgage-backed securities market. The organization is a registered clearing agency with the Securities and Exchange Commission and majority-owned by its members -- MBS dealers, inter-dealer brokers and other non-broker/dealers. MBSCC provides its specialized services to major market participants active in various Government National Mortgage Association (GNMA), Fannie Mae(FNMA) and Federal Home Loan Mortgage Corporation (FHLMC) MBS programs.


Clearing house automated payment system

Clearing house automated payment system

A computerised payment system for clearing cheques in the UK.


Market clearing

Market clearing

Equality of supply and demand. A market-clearing condition is an equation (or other representation) stating that supply equals demand.


Inter bank clearing

Inter bank clearing

The process of payment clearance between two banks.


Further Suggestions

clearing
Clearing House Automated Payments System (CHAPS)
Nonclearing member
Clearinghouse
Clearing house funds
Market clearing
clearing house
National Securities Clearing Corporation
cheque clearing
Automated Clearing House (ACH)
Bankers Automated Clearing Services
Joint clearing members
inter branch clearing
Clearing corporations
Options Clearing Corporation (OCC)
Clearing member
Options Clearing Corporation
National Securities Clearing Corporation (NSCC)
Clearing House Interbank Payments System (CHIPS)
Clearing system
Recognised Clearing House
London Clearing House
clearing house interbank payment system
Check clearing


 
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