What is Electronic clearances?
- 3 Answers
- 7197 Views
- Capital IQ, Genpact, I also Faced
- E-Mail Answers
Answer Posted / anandsurya
It is a mode of electronic funds transfer from one bank
account to another bank account using the services of a
Clearing House. This is normally for bulk transfers from
one account to many accounts or vice-versa. This can be
used both for making payments like distribution of
dividend, interest, salary, pension, etc. by institutions
or for collection of amounts for purposes such as payments
to utility companies like telephone, electricity, or
charges such as house tax, water tax, etc or for loan
installments of financial institutions/banks or regular
investments of persons.
| Is This Answer Correct ? | 7 Yes | 1 No |
Post New Answer View All Answers
Why do you want to work with us
what types of essays are giving in bank of america. can any one tell the opics? LAVANYA
whether financing to Bulk Milk Coolers comes under CMA under Agriculture or Non Farm Sector
Is TDS applicable to Voice Over IP(VOIP) service to an India VOIP service provider? please provide the related acts and case studies.
What is finance lease
Apportion Nett profit of rs 325600 among the partners A,B,C and D as per sharing ratios of 26%,13%,32% and the balance to D.Pass journal entry
Short Answer on ______________House Rent allowance
Clasify Loss
Short Answer on ___________fluctuating capital
what are the different kinds of cash books
Please let me know what to answer how long you prepared for SBI exam? if selected your credit goes to whom?
EXPAND___________INMA
I have complited my ERP course in FICO module. Now I want to work in ERP package. Please suggest me how I will apply for the organisation works in ERP environment.
what is dividend? how do the use an accountancy?
If DEBT/EQUITY ratio 2:1, is to good or bad for a company? how...??? can u explain it...???
