Check Clearing

nouncandidate·updated May 12, 2026

GlossaryL1 — what DictionaryL2 — how used ThesaurusL3 — relations Universaleverything

The movement of a check from the depository institution where it was deposited to the institution on which it was written. The funds move in the opposite direction, with a corresponding credit and debit to the involved accounts.

Framework senses

1 sense across 1 framework

Federal Financial Institutions Examination Council (FFIEC) IT Examination Handbook Infobase, Glossary1 senseview framework →

§1: The movement of a check from the depository institution where it was deposited to the institution on which it was written. The funds move in the opposite direction, with a corresponding credit and debit to the involved accounts.