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Check Clearing

nounverified· unreviewed·updated Aug 30, 2026

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

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.
Legacy lexicon import1 senseview framework →
§1 · legacy_primary
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.
DR-088 backfill from the noun definition column