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]]
 
 

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.

See also