FT MarketWatch

Direct sends

The sending of a Check by a bank directly to the Drawee bank to speed up the Clearing process.

Related Terms: 7 Check, Clear, Clearing, Drawee, ROC, ROCE, Ring
Other Related Pages: Category: Banking Starting With: D
Additional Related Terms: 10-K, Agent bank, Automatic Clearing House, Accrual of discount, Amortization of premium, Abstract of title, Action to quiet title, Assignment to creditors, Attorney in fact, Assignment of mortgage