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Glossary   >   C   >   "Cheque clearing" Definition            Cheque clearing A system which enables cheques to be transmitted between banks (and between branches) in order to transfer funds. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Cheque clearing - A system which enables cheques to be transmitted between banks (and between branches) in order to transfer funds.