Sentence examples for check clearing from inspiring English sources

The Fed also is working to improve the efficiency of its check clearing services, Mr. Greenspan said.

This is possible because of the Check Clearing for the 21st Century Act, passed in 2003, which permits banks to exchange electronic images of checks.

During the Depression, the Glass-Steagall Act was passed in order to separate the essential utility aspects of the financial system — customer deposits, check clearing, and other payment systems — from the casino aspects, such as investment banking and proprietary trading.

So a year ago Congress pushed through the Check Clearing for the 21st Century Act (known as Check 21), which is intended to hasten the adoption of electronic processing.

During the Depression, the Glass-Steagall Act was passed in order to separate the essential utility aspects of the financial system customer deposits, check clearing, and other payment systems from the casino aspects, such as investment banking and proprietary trading.

Some consumers -- particularly those accustomed to getting checks back with their statement -- may be nervous about the changes the Check Clearing for the 21st Century Act, known as Check 21, will bring.

And the check cleared".

"My rent check clears".

Fortunately, the check cleared.

The check cleared".

If the check clears, they're in".