|
|
Inter bank clearing |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Inter bank clearingThe process of payment clearance between two banks.Similar MatchesNational Securities Clearing CorporationNational Securities Clearing CorporationIn the US, facilitates trade processing, clearance, delivery and settlement of equities, and corporate and municipal bonds. NSCC is owned equally by the New York and American Stock Exchanges and the National Association of Securities Dealers. Inter branch clearingInter branch clearingThe process of payment clearance between two branches of the same bank. 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. Nonclearing memberNonclearing memberAn exchange member firm that is not able to clear transactions, and must pay another member firm to carry out its clearing operations. ClearinghouseClearinghouseAn adjunct to a futures exchange through which transactions executed on its floor are settled by a process of matching purchases and sales. A clearing organization is also charged with the proper conduct of delivery procedures and the adequate financing of the entire operation. Further SuggestionsClearing house fundsClearing member Bankers Automated Clearing Services Joint clearing members clearing house Clearing corporations clearing London Clearing House Clearing House Automated Payments System (CHAPS) Check clearing Clearing House Interbank Payments System (CHIPS) clearing house automated payment system Options Clearing Corporation Recognised Clearing House Mortgage Backed Securities Clearing Corporation (MBSCC) cheque clearing clearing house interbank payment system Market clearing Options Clearing Corporation (OCC) Automated Clearing House (ACH) Market clearing credit clearing Clearing system National Securities Clearing Corporation (NSCC) |
|
|
|