Clearing house funds

The financial definition for Clearing house funds:

Funds from the Federal Reserve System, requiring three days to clear, that are passed to and from banks.

Similar Matches

Automated Clearing House (ACH)

Automated Clearing House (ACH)
A collection of 32 regional electronic interbank networks used to process transactions electronically with a guaranteed one-day bank collection float.

Check clearing

Check clearing
The movement of a check from the depository institution at which it was deposited back to the institution on which it was written; the movement of funds in the opposite direction and the corresponding credit and debit to the involved accounts. The Federal Reserve operates a nationwide check-clearing system.

Clearing corporations

Clearing corporations
Organizations that are affiliated with exchanges and are used to complete securities transactions by taking care of validation, delivery, and settlement.

Further Suggestions

Clearing House Automated Payments System (CHAPS)
Clearing House Electronic Subregister System (CHESS)
Clearing House Interbank Payments System (CHIPS)
Clearing member
Joint clearing members
Market clearing

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Clearing house funds
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