It matters not whether bank A or bank B, because they balance their accounts out between themselves every evening, called bank clearing
Leach introduced in April), which would enhance the Federal Reserve's authority to oversee clearing organizations that choose to be regulated as uninsured state member banks and would clarify the treatment of bank clearing
organizations (including those overseen by the OCC) in bankruptcy.
A teenage clerk stole pounds 15,000 from a bank clearing
house which had 120 CCTV cameras and was 'more secure than a prison', a court heard yesterday.
Endorsements and bank clearing
stamps are important portions of the check that establish that the proper payee actually received the intended distribution of trust account funds.
Club spokesman Anthony Simmons said: "Twig's efforts with peg building, stocking, bank clearing
, matches, bailiffing and contributions as a vice-president to committee meetings enabled the association to continue making strong progress when other clubs were falling by the wayside.
It is a separate contract from the south bank clearing
work awarded to Paul Paquette and Sons, which is based in Chetwynd.
All shareholders of bearer shares which are already registered for example through the normal bank clearing
system or held in a securities account do not need to act.
This "payment gateway" software must pass stringent testing by Bacs, the organisation which operates the UK bank clearing
No, the mood of doom and gloom amongst some IT experts these days centre on the automated bank clearing
But the bank clearing
system means that although the funds show as cleared, the con will only be revealed several weeks after the cash was sent.
6m from a van outside the Midland Bank Clearing
Centre in Salford, Manchester, in July 1995.
The state of Hawaii, where checks must be physically transported between islands by plane for bank clearing
, provides a perfect example of why traditional check-clearing is not cost efficient.