Automated Clearing House - ACH
The use of electronic clearing houses to facilitate electronic transfers of money has increased efficiency and timeliness of government and business transactions.
Investment dictionary. Academic. 2012.
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automated clearing house — E com a payment network available to POS or ATM systems for interbank clearing and settlement of financial transactions. The network is also used for electronic fund transfers from a checking or savings account … The ultimate business dictionary
National Automated Clearing House Association — A US association of cheque clearing houses … International financial encyclopaedia
clearing house — An adjunct to a futures exchange through which transactions executed on its floor where trades are settled by a process of matching purchases and sales. A clearing organization is also charged with the proper conduct of delivery procedures and… … Financial and business terms
Clearing House Association, LLC — The Clearing House Association, LLC is the nation’s oldest banking association representing 17 of the world s largest commercial banks, which collectively employ over 2 million people and hold more than half of all U.S. deposits. It is a… … Wikipedia
Clearing House Automated Payment System — ˌClearing House ˌAutomated ˈPayment ˌSystem abbreviation CHAPS noun BANKING a system for making payments between different banks in Britain and Europe … Financial and business terms
Clearing House Automated Payment System — (CHAPS) Computerised payment system for clearing cheques operated by banks in the UK. Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010 … Law dictionary
Clearing House Automated Transfer System — The Clearing House Automated Transfer System, or CHATS, is a Real Time Gross Settlement (RTGS) system for the transfer of funds in Hong Kong. It is operated by Hong Kong Interbank Clearing Limited, a private company jointly owned by the Hong Kong … Wikipedia
Clearing House Automated Payments System — ( CHAPS) A computerized clearing system for sterling funds that began operations in 1984. It includes 14 member banks, nearly 450 participating banks, and is one of the clearing companies within the structure of the Association for Payment… … Financial and business terms
Clearing House Automated Payments System — /ˌklɪərɪŋ haυs ˌɔ:təmeɪtɪd peɪmənts ˌsɪstəm/ noun a computerised system which is organised by the banks and used for clearing cheques. Abbreviation CHAPS … Dictionary of banking and finance
Clearing House Automated Payments System - CHAPS — A British company that facilitates the trading of European currency. CHAPS provides same day fund transfers for the sterling and the euro. CHAPS transfers are used when money needs to be moved from one account to another. CHAPS transfers are… … Investment dictionary
CLEARING HOUSE AUTOMATED PAYMENTS SYSTEM — (CHAPS) система электронных клиринговых расчетовкомпьютеризированная клиринговая система для стерлинговых денежных операций; действует с 1984 г. и включает в себя 14 банков членов Ассоциации расчетных палат и около 450 банков участников. Входит в … Словарь электронного бизнеса