processing of checks
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Regional Check Processing Center - RCPC — A local Federal Reserve facility where checks that are drawn on depository institutions are processed overnight. A regional check processing center conducts check clearing operations including paper and electronic, and interbank check clearing. A … Investment dictionary
List of Scientology Security Checks — In Scientology, the Security Check (or Sec Check) is a practice instituted by founder L. Ron Hubbard in 1960.[1] It involves an Ethics officer probing the thoughts, attitudes and behavior of an individual member by asking them large numbers of… … Wikipedia
information processing — Acquisition, recording, organization, retrieval, display, and dissemination of information. Today the term usually refers to computer based operations. Information processing consists of locating and capturing information, using software to… … Universalium
Regional Check Processing Center — RCPC A Federal Reserve check processing operation that clears checks drawn on depository institutions located within a specified area. RCPCs expedite collection and settlement of checks within the area on an overnight basis. Bloomberg Financial… … Financial and business terms
Federal Reserve Bank of Chicago — Coordinates: 41°52′43″N 87°37′54″W / 41.878484°N 87.631567°W / 41.878484; 87.631567 … Wikipedia
MICR — abbreviation magnetic ink character recognition * * * magnetic ink character recognition: a technique for reading and processing data printed with ink that contains magnetic particles: used esp. in sorting bank checks automatically. * * * abbrev… … Useful english dictionary
Wachovia — Infobox Company name = Wachovia Corporation company type = Public (nyse|WB) slogan = Are You With Wachovia? foundation = 1908 (but with heritage dating to 1781) location = Charlotte, North Carolina key people = Robert K. Steel, CEO revenue =… … Wikipedia
Regulation J — A regulation set forth by the Federal Reserve. Regulation J establishes the core guidelines for the processing of checks and other cash instruments for Federal Reserve Banks, senders and payers of checks, and recipients and senders of Fedwire… … Investment dictionary
Federal Reserve float — Float is checkbook money that appears on the books of both the check writer (the payor) and the check receiver (the payee) while a check is being processed. Federal Reserve float is float present during the Federal Reserve s check collection… … Financial and business terms
RAF South Cerney — is an ex airfield site which is now the home of the Joint Air Mounting Centre. It is located in the village of South Cerney near Cirencester in Gloucestershire, England.It has three very large hangars which are used for processing up to 1500… … Wikipedia
Uniform Commercial Code — The Uniform Commercial Code (UCC or the Code) is one of a number of uniform acts that have been promulgated in conjunction with efforts to harmonize the law of sales and other commercial transactions in all 50 states within the United States of… … Wikipedia