What is the process of cheque clearing ?

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A cheque which is not meant for indefinite circulation is called:
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VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
16-January-2015

Question added by Mohammedzishan shaikh , branch operations manager , HDFC Bank Ltd
Date Posted: 2013/09/20

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1 Answers

Renato Rodrigo Jr. Montenegro

by Renato Rodrigo Jr. Montenegro , Operations Manager - Check Clearing Process , Rizal Commercial Banking Corporation

cheque clearing is the process of which banks exchange instruments for debit to the clients accounts

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