by Robert Tripp | Jan 22, 2007 | Articles, Banking Product Engines, Gateways to the Banking Industry
This article was correct up to the end of 2019. A new process described in (Post 2019 Agency Bank Cheque Clearing) was introduced in 2018 and has been placed in parallel with the process described here. After 2019, only the new process will be in place. The...
by Robert Tripp | Jan 22, 2007 | Articles, Banking Product Engines, Gateways to the Banking Industry
This article was correct up to the end of 2019. A new process described in (Post 2019 UK Cheque Clearing Process) was introduced in 2018 and has been placed in parallel with the process described here. After 2019, only the new process will be in place. The UK...
by Robert Tripp | Jan 21, 2007 | Articles, Banking Product Engines, Gateways to the Banking Industry
In November 2006, the Office of Fair Trading (OFT), a branch of the UK Government and APACS jointly announced changes to the UK Cheque Clearing System. Who will blink first, the OFT, the Clearers or the Agency Banks? To explain how we come to this conclusion we break...