Collection under reserve

  A service offered by the bank to customers who are waiting to collect funds from a domestic or foreign negotiable instrument but these funds are not yet available for collection. In special circumstances the bank may make these funds available to the customer before they are cleared.

International financial encyclopaedia . 2014.

Look at other dictionaries:

  • Collection agency — A collection agency is a business that pursues payments of debts owed by individuals or businesses.[1] Most collection agencies operate as agents of creditors and collect debts for a fee or percentage of the total amount owed.[2] There are many… …   Wikipedia

  • Reserve fleet — Ghost fleet redirects here. For the fleet of sunken warships in Micronesia, see Truk Lagoon. Ships of the U.S. Navy s Reserve Fleet in the Reserve Basin at the Philadelphia Naval Shipyard, 1956 …   Wikipedia

  • Federal Reserve System — FRB and FED redirect here. For other uses, see FRB (disambiguation) and FED (disambiguation). Federal Reserve System …   Wikipedia

  • March Joint Air Reserve Base — Part of Air Force Reserve Command (AFRC) Located near: Riverside, Cal …   Wikipedia

  • Federal Reserve Act — Full title An Act To provide for the establishment of Federal reserve banks, to furnish an elastic currency, to afford means of rediscounting commercial paper, to establish a more effective supervision of banking in the United States, and for… …   Wikipedia

  • The David France Collection — is a collection of football memorabilia, consisting of more than 10,000 items related to the birth and development of Everton F.C.Dr. David France took over 25 years to assemble the collection from his home in the United States and includes rare… …   Wikipedia

  • David France Collection — The David France Collection is a collection of football memorabilia, consisting of more than 10,000 items related to the birth and development of Everton Football Club in Liverpool, England. Contents 1 Overview 2 Club ledgers 2.1 Financial annals …   Wikipedia

  • Tsomoriri Wetland Conservation Reserve — Tso Moriri Location Ladakh Coordinates …   Wikipedia

  • Case Western Reserve University — Motto Thinking Beyond the Possible Established WRU: 1826 CIT: 1880 CWRU: 1967 Type …   Wikipedia

  • Woodford Reserve — Type Bourbon whiskey Manufacturer …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.