Short Answer
A centralized collection service for corporate payments to reduce the delay in check clearing.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q36: Which of the following implies reduced unit
Q67: How can interest income of an FI
Q68: Wholesale cash management services allow corporate customers
Q82: What is float?<br>A)Overnight payments via the LVTS.<br>B)Encoding,
Q83: Combining the e-mail capability of the internet
Q86: A new computer system is expected to
Q86: Usury ceilings place caps on interest rates
Q87: Compared to Canada, the use of electronic
Q89: In Canada, electronic methods of payment account
Q101: The initial steps of cross selling financial