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What The Government’s Cheque Clearing Changes Mean For Banks

What The Government’s Cheque Clearing Changes Mean For Banks

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...

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