Check Clearing Process - SlideServe
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Check Clearing Process - SlideServe
Check Clearing Process. Getting checks back to the drawer. Local Clearing. Same bank – electronically subtracted and added to appropriate accounts Two Banks – Deposit, add to payees account, send to the drawee, drawee pays the payees bank, drawee subtracts money out of drawers account
276 viewsAug 13, 2014
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