Cheque truncation: Difference between revisions

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imported>Doug Williamson
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''Banking''.   
''Banking''.   
The process by which essential information contained on a conventional paper cheque is captured electronically and the electronic information, not the paper cheque, is sent through the clearing system.
The process by which essential information contained on a conventional paper cheque is captured electronically and the electronic information, not the paper cheque, is sent through the clearing system.


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* [[Clearing system]]
* [[Clearing system]]
* [[Truncation]]
* [[Truncation]]

Revision as of 05:37, 3 August 2013

Banking.

The process by which essential information contained on a conventional paper cheque is captured electronically and the electronic information, not the paper cheque, is sent through the clearing system.

See also