Cheque truncation: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
(Layout.)
imported>Doug Williamson
(Classify page.)
 
Line 10: Line 10:
* [[Clearing system]]
* [[Clearing system]]
* [[Truncation]]
* [[Truncation]]
[[Category:Cash_management]]
[[Category:Financial_products_and_markets]]
[[Category:Liquidity_management]]

Latest revision as of 19:04, 27 June 2022

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