Difference between revisions of "Direct send"

From ACT Wiki
Jump to: navigation, search
m (Spacing)
(Linked to The Treasurers Handbook - Payments and payment systems)
 
Line 2: Line 2:
  
 
An alternative to other cheque clearing processes in which banks send cash letters directly to a non-local federal reserve or the paying bank.
 
An alternative to other cheque clearing processes in which banks send cash letters directly to a non-local federal reserve or the paying bank.
 +
  
 
== See also ==
 
== See also ==
 
* [[Cash letter]]
 
* [[Cash letter]]
 
* [[Cheque clearing]]
 
* [[Cheque clearing]]
 +
* [[Payments and payment systems]]

Latest revision as of 16:29, 29 November 2014

Banking.

An alternative to other cheque clearing processes in which banks send cash letters directly to a non-local federal reserve or the paying bank.


See also