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check truncation

См. также в других словарях:

  • check truncation — A process whereby deposited checks are retained by the fist bank (payee s bank) with notification sent to the local bank (payor s bank) that the check has been deposited. Canceled checks are not returned to the maker. Sometimes called check… …   Financial and business terms

  • Check 21 Act — The Check Clearing for the 21st Century Act ( Pub. L. No. 108 100 signed by President Bush on October 28, 2003). The law facilitates check truncation by creating a new negotiable instrument called a substitute check, which permits banks to… …   Financial and business terms

  • check safekeeping — See check truncation …   Financial and business terms

  • Check 21 Act — The Check Clearing for the 21st Century Act (or Check 21 Act) is a United States federal law, Pub.L. 108 100, that was enacted on October 28, 2003 by the 108th Congress. The Check 21 Act took effect one year later on October 28, 2004. The law… …   Wikipedia

  • truncation — /trung kay sheuhn/, n. 1. the act or process of truncating. 2. the quality or state of being truncated. 3. Pros. the omission of one or more unaccented syllables at the beginning or the end of a line of verse. 4. Banking. a system of electronic… …   Universalium

  • Cheque truncation — (check truncation in the United States) is the conversion of physical cheque into electronic form for transmission to the paying bank. Cheque truncation eliminates cumbersome physical presentation of the cheque and saves time and processing costs …   Wikipedia

  • Substitute check — A substitute check (also called an Image Replacement Document or IRD ), according to the US Federal Reserve, is a special paper copy of the front and back of an original check . Not all copies of the original check are substitute checks, and… …   Wikipedia

  • Cheque — A Canadian cheque …   Wikipedia

  • Military grid reference system — Geodesy Fundamentals Geodesy · …   Wikipedia

  • Wikipedia:Manual of Style — This guideline is a part of the English Wikipedia s Manual of Style. Use common sense in applying it; it will have occasional exceptions. Please ensure that any edits to this page reflect consensus. Shortcuts …   Wikipedia

  • Remote deposit — refers to the ability to deposit a check into a bank account from a remote location, such as an office or home, without having to physically deliver the check to the bank. This is typically accomplished by scanning a digital image of a check into …   Wikipedia

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