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Cheque truncation was introduced in various countries, starting in the 1990s, to allow electronic images to be made of physical cheques, for electronic clearance. The legalisation of remote deposit made it possible for businesses and bank customers to deposit cheques without delivering them to their own banks.
An automated clearing house (ACH) is a computer-based electronic network for processing transactions, usually domestic low value payments, between participating financial institutions. It may support both credit transfers and direct debits.
e-QIP (Electronic Questionnaires for Investigations Processing) is a secure website managed by OPM that is designed to automate the common security questionnaires used to process federal background investigations. e-QIP was created in 2003 as part of the larger e-Clearance initiative designed to speed up the process of federal background ...
The ACH Network is an electronic payment system, developed jointly by the private sector and the Federal Reserve in the early 1970s as a more efficient alternative to checks. Since then, the ACH has evolved into a nationwide mechanism that processes credit and debit transfers electronically.
Conn's Clearance Center in Houston, TX. Conn's Inc. is an American furniture, mattress, electronics and appliance store chain headquartered in The Woodlands, Texas, United States.
Single window. The main value proposition for having a single window for a country or economy is to increase the efficiency through time and cost savings for traders in their dealings with government authorities for obtaining the relevant clearance and permit (s) for moving cargoes across national or economic borders.