Direct send

From ACT Wiki
Revision as of 16:29, 29 November 2014 by Doug Williamson (Talk | contribs) (Linked to The Treasurers Handbook - Payments and payment systems)

(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to: navigation, search

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