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What is Clearing Banks?

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Aus - 03 Oct 2006, 03:23 am
I need some help on this topic...I cant really understand with the term of clearing banks... :lol:
Nisar - 03 Oct 2006, 08:25 am
probably you are talking about bank reconciliation ? :roll:
prashant - 04 Oct 2006, 03:37 am
check www.wikipedia.org
Aus - 04 Oct 2006, 04:06 am
Im using Foulk Lynch text book..in 2.4 subject there's a topic about Clearing Banks..but the text defines it too simple and hardly to be understood..
loverfellow - 11 Oct 2006, 07:45 am
QUOTE:
text defines it too simple and hardly to be understood..


It seems you understand difficult things easily.