Cheque clearing (or check clearing in American English) or bank clearance is the process of moving cash (or its equivalent) from the bank on which a cheque...

the cheque has been issued. The person writing the cheque, known as the drawer, has a transaction banking account (often called a current, cheque, chequing...

The Cheque and Credit Clearing Company Limited (C&CCC) is a UK membership-based industry body whose 11 members are the UK clearing banks. The company has...

example, in the form of a cheque or electronic payment request) into the actual movement of money from one account to another. Clearing houses were formed to...

hyphens. The cheque clearing system in the United Kingdom is managed by Pay.UK, following the merger of the Cheque and Credit Clearing Company, BACS...

location to exchange cheques and receive payment in money. This became known as central clearing. Bank customers who received cheques could deposit them...

2010, for faster clearing of cheques. CTS is based on a cheque truncation or online image-based cheque clearing system where cheque images and magnetic...

numbers at the bottom of the cheque he wrote, so that they would be routed to the incorrect Federal Reserve Bank for clearing. This allowed him to work longer...

In banking, a post-dated cheque is a cheque written by the drawer (payer) for a date in the future. Whether a post-dated cheque may be cashed or deposited...

The origins of clearing houses date back to bank cheque clearing in the 18th century. The London Clearing-House was established between 1750 and 1770 as...

their biometrics. CTS is based on a cheque truncation or online image-based cheque clearing system where cheque images and magnetic ink character recognition...

agree to a target of 2018 for the closure of cheque clearing in the UK. It also announced that the cheque guarantee card scheme would end in June 2011...

transactions in the U.S. Bankers' clearing house Cheque clearing Clearing House (EU), an EU intelligence body Clearing House Association, a New York trade...

The Depository Trust & Clearing Corporation (DTCC) is an American financial market infrastructure company that provides clearing, settlement and trade...

a daily average of $2.7 billion in 1973. Electronic cheques and particularly the Check Clearing for the 21st Century Act in the United States, or Check...

will use a MICR reader to sort cheques by bank and send the sorted cheques to a clearing house for redistribution to those banks. Upon receipt, the banks...

transferable, and providing for electronic presentation of cheques in inter-bank cheque clearing systems. In India, during the Mauryan period in the 3rd...

ended the UK cheque guarantee system, leaving Ireland as the last country to operate a cheque guarantee card scheme. The Irish Paper Clearing Company Limited...

another work Cheque clearing, the process of transferring value on a cheque from one bank account to another The activity of a clearing house (finance)...

current service portfolio includes the following: eSPICK – The national cheque clearing system of Malaysia. JomPAY – A payment scheme for paying utility bills...

for Payment Clearing Services (APACS) to support the systems behind UK payments, such as Bacs, CHAPS and the Cheque and Credit Clearing Company. APACS...

A substitute check or cheque, also called an image cash letter (ICL), clearing replacement document (CRD), or image replacement document (IRD), is a negotiable...

sale of foreign bank drafts and international traveler's cheques; and foreign cheque clearing. It also provides related products and services, such as...

Sub-Committee of the Committee of London Clearing Bankers was formed in the late 1950s to consider the automation of cheque-clearing. The committee set up a New Services...

of banks to settle their payment obligations (ATM transaction and cheque clearing). Note option banks, which retain TT&L funds for longer periods, are...

An automated clearing house (ACH) is a computer-based electronic network for processing transactions, usually domestic low value payments, between participating...

mail the cheque to their bank. The cheque must then be cleared, a complex process by which cheques are sorted once, mailed to a central clearing location...

March – Magnetic ink character recognition technology introduced for cheque clearing. March - June - 1987 Meerut riots 12 April - V. P. Singh resigns as...

operated the 'town clearing', where cheques cleared the same day between the 'town' bank branches in central London. Town clearing had been the forerunner...

Clearing bank may refer to: Clearing (finance), a bank that participates in the system to clear (finalize) financial transactions Cheque and Credit Clearing...