C&CCC

The Cheque and Credit Clearing Company Limited.

C&CCC provides a clearing service for paper based payment instructions in the UK.

Its role includes:

• Cheque clearing, the system which also processes bankers’ drafts, building society cheques, postal orders, warrants, government payable orders and travellers’ cheques.
• Credit clearing, which is the system for the clearing of paper bank giro credits.
• Euro clearing, which clears euro cheques drawn on UK banks.
• Currency clearing, which clears US dollar cheques drawn on UK banks.

See also

• BACS
• Cheque
• Clearing
• Clearing House Automated Payment System
• Credit
• Faster Payments Scheme
• Payment service provider (PSP)
• Payments and payment systems
• Immediate payments and the impact on corporate treasurers

Other resource

UK Faster Payments Service, ACT Briefing note, 2008