Difference between revisions of "Direct send"
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''Banking''. | ''Banking''. | ||
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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. | ||
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* [[Cash letter]] | * [[Cash letter]] | ||
* [[Cheque clearing]] | * [[Cheque clearing]] | ||
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Revision as of 20:14, 11 August 2013
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.
