- clearing banker
- • Abrechnungsbankier
English-German correspondence dictionary. 2014.
English-German correspondence dictionary. 2014.
Clearing House Interbank Payment System — ( CHIPS) A privately owned electronic system in New York City that is used to transfer funds between banks. Often used for funds moving into and out of the United States. See Fed wire and Society for Worldwide Interbank Financial… … Financial and business terms
Clearing House Association, LLC — The Clearing House Association, LLC is the nation’s oldest banking association representing 17 of the world s largest commercial banks, which collectively employ over 2 million people and hold more than half of all U.S. deposits. It is a… … Wikipedia
Clearing (finance) — In banking and finance, clearing denotes all activities from the time a commitment is made for a transaction until it is settled. Clearing is necessary because the speed of trades is much faster than the cycle time for completing the underlying… … Wikipedia
Banker's draft — A banker s draft (also called a bank cheque ) is a cheque (or check) where the funds are taken directly from the financial institution rather than the individual drawer s account.A normal cheque represents an instruction to transfer a sum of… … Wikipedia
clearing corporation — An independent corporation that settles all trades made at the Chicago Board of Trade acting as a guarantor for all trades cleared by it, reconciles all clearing member firm accounts each day to ensure that all gains have been credited and all… … Financial and business terms
clearing account — An account used to accumulate total charges or credits so that they can be distributed later among the accounts to which they are allocable, or so that the net differences can be transferred to the proper account. American Banker Glossary … Financial and business terms
Depository Trust & Clearing Corporation — Type Private Industry Finance Ge … Wikipedia
Cheque and Credit Clearing Company — The Cheque and Credit Clearing Company Limited is a membership based industry body with 12 settlement members. The company has managed the cheque clearing system in England and Wales since 1985, and in all of Great Britain since 1996 when it took … Wikipedia
check-clearing float — The time between the date a check is deposited in a bank and the date it is charged to the drawer. Also called bank float or transit float. American Banker Glossary … Financial and business terms
local clearing house — An organization established by the banks in a local area to facilitate the presentment and exchange of checks between those banks. American Banker Glossary … Financial and business terms
CHIPS — Clearing House Interbank Payment System (CHIPS) A privately owned electronic system in New York City that is used to transfer funds between banks. Often used for funds moving into and out of the United States. See Fed wire and Society for… … Financial and business terms