TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

CHECK CLEARING HOUSE [2 records]

Record 1 2009-02-06

English

Subject field(s)
  • Banking
  • Finance
  • Negotiable Instruments (Commercial Law)
DEF

A check [drawn] on a bank which is located outside the territory of the clearing house with which the collecting bank is identified.

CONT

As a result of the initiatives promoted in the field of out-of-town cheques, in 1992 90 per cent of such instruments were exchanged through the clearing system.

CONT

Banks are allowed to hold an out-of-town check for up to five business days after you make the deposit.

OBS

The preferred Canadian spelling form is "cheque," not "check."

Key term(s)
  • out of town cheque
  • out of town check

French

Domaine(s)
  • Banque
  • Finances
  • Effets de commerce (Droit)
CONT

Dans le jargon bancaire, il existe deux types de chèques : ceux qui sont émis à l'intérieur de la ville où le compte est domicilié, désignés communément par «chèques sur place» et les autres, «chèques hors place», émis à l'extérieur de cette ville.

CONT

Le «filtrage» des grandes chaînes de distribution (refus chèque hors ville, hors département, des villes «bannies») dissuade le consommateur de l'utilisation de celui-ci.

Key term(s)
  • chèque provenant d'une autre localité
  • chèque payable hors ville
  • chèque tiré hors ville
  • chèque hors-ville

Spanish

Save record 1

Record 2 2008-05-27

English

Subject field(s)
  • Banking
CONT

When the cheque is presented for payment, a validator, such as [a] bank or cheque clearing house, employs a verification system having a copy of the encryption key to read the monetary value from the cheque and re-encrypt it according to said scheme to generate a second control code.

Key term(s)
  • cheque clearinghouse
  • check clearing house
  • check clearinghouse

French

Domaine(s)
  • Banque
CONT

Le CR-55 compact est spécialement conçu pour fonctionner de concert avec le scanner de chèques CR-180 durable de Canon - le système de balayage à volume élevé et à haute vitesse populaire de la compagnie destiné aux services administratifs et utilisé par les banques, les coopératives d'épargne et de crédit, les chambres de compensation de chèques et les opérations importantes au détail.

Spanish

Save record 2

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