Funds represented by a personal or business check that pass between Federal Reserve System banks prior to approval of credit. Clearinghouse funds are in the process of being transmitted and reconciled through a central processing mechanism. Since these funds have to be processed by the central clearing mechanism, they might not be available as soon as the check is deposited in an account (there is often a delay of a few days).
Related information about clearinghouse funds:
- What is clearinghouse funds? definition and meaning
Definition of clearinghouse funds: Funds represented by a personal or business ... Clearinghouse funds are in the process of being transmitted and reconciled ...
- What are Clearinghouse Funds?
Brief and Straightforward Guide: What are Clearinghouse Funds?
- BabysFirstTest: The Newborn Screening Clearinghouse Funds ...
Apr 5, 2011 ... BabysFirstTest: The Newborn Screening Clearinghouse Funds Novel Initiatives. Washington, DC – April 5, 2011 – BabysFirstTest: The ...
- Clearinghouse Inter-bank Payment System - The Free Dictionary
Clearinghouse Funds. Clearinghouse Inter-bank Payment System. Clearinghouse Inter-bank Payments System · Clearinghouse Inter-bank Payments System ...
- Clearinghouse Funds Investment Policy
Central Pine Barrens Joint Planning and Policy Commission. Robert J. Gaffney, Chair Felix J. Grucci, Jr., Vice Chair Vincent Cannuscio, Member Ray E. Cowen ...
- Pine Barrens Credit Program Main Page
See the latest report on the Clearinghouse funds: pdf. ... Clearinghouse funds are managed by the Suffolk County Treasurer's Office, with policy and instructions ...
- Clearinghouses and Margins - The Institute for Financial Markets
As part of the daily marking to market of futures and options, clearing members each day pay to or receive from the clearinghouse funds known as variation ...
- What is FEDERAL FUNDS? - The Law Dictionary
Federal Funds are available immediately (i.e., they are considered GOOD MONEY), an advantage over interbank CLEARINGHOUSE funds, which are generally ...