Check-clearing

Examples of Check-clearing in the following topics:

• The Fed as a Check Clearer

  • The Fed created a nationwide check-clearing system that provided an efficient and stable way of transferring funds between institutions.
  • Check clearing also encompasses the return of a check (for insufficient funds, for example) from the bank on which it was written to the bank at which it was deposited, and the corresponding movement of funds. "
  • Because some banks refused to clear checks from certain others during times of economic uncertainty, a check-clearing system was created in the Federal Reserve system.
  • To address these problems, Congress gave the Federal Reserve System the authority to establish a nationwide check-clearing system.
  • Explain why a check clearing system was created under the Federal Reserve system

• What to do when efforts slow

  • More often than not, this usually results from a lack of clear goals and leadership.
  • Although it may seem a bit basic, a simple list filled with clear, itemized tasks that can be checked off after they've been completed could be just what's needed to help employees focus on one goal at time and affirm that progress is being made.

• Non-Bank Financial Institutions

  • A non-bank financial institution offers customers bank-related services such as payday lending, cashier's checks, and check cashing.
  • If you don't have a checking or savings account, you might think check-cashing stores are a convenient alternative.
  • Many check-cashing stores charge a fee of $4 for every $100 on a payroll check.
  • Many check-cashing stores also make payday loans.
  • The payday lender holds the check for the loan period and then deposits it, or you return with cash to reclaim the check.

• The Fine Art of Complaining

  • The associate checked your order, apologized profusely, and said an oversight had taken place.
  • Be sure all your points are clear, measurable, logical, and expressed in terms of behavior.
  • (If you can't be clear about what you want, how can you expect the people who read your message to be clear about it?

• Author's Note

  • But a few weeks after classes started, it became clear that the ‘new' program she had set her sights on was little more than a psychology-based curriculum into which the word ‘sustainability' had been inserted.
  • A brief background check of the people involved, however, reveals that none of the nine academics who comprise the organizing and program committees has ever conducted research in the field of sustainability, nor have any of them published a paper on the subject.
  • This book was written, in part, to help clear up the confusion and I hope it does so without resorting to the ‘three common habits of the most irritating management gurus'.

• Clarity

  • Likewise, a group of attorneys from all over the world has joined forces to begin using simple, clear legal terminology.
  • What advantages does clear business writing deliver to us?
  • You can also take the following eight actions to make your business writing clear:
  • Spot-check your writing from time to time.

• Delivering Bad News

  • (Clears throat and begins singing).

• Electronic Banking

  • You can use them to make a withdrawal, make a deposit, make a loan payment, transfer money from one account to another, or check your account balance.
  • This service makes it possible for you to have your money electronically added to your checking account every payday.
  • Direct deposit is popular among people who receive Social Security checks or pension checks because it saves them the trouble of travelling to the bank to deposit them in person.
  • Online banking allows you to check your balance, pay your bills, view statements, transfer funds, view transaction history, and much more.
  • You can use them to make a withdrawal, make a deposit, make a loan payment, transfer money from one account to another, or check your account balance.

• IS tools for the start-up organization

  • check the inventory of goods for sale and identify the needed items
  • receive the goods upon delivery, checking the accuracy and quality of the shipped items; pay the suppliers
  • At this point it should be clear how information systems, while enabled by IS, are not synonymous with IS.

• Don't Just Do Something-Sit There!

  • A student research assistant, Carol, was using my office phone to check references for other students who wanted to create a multimedia project.
  • In the long run, taking the time in business to clear our minds for thoughtful action may pay off in the form of positive results.