Assertion: cheque clearing | /r/HasProperty | the process
Facets:
value: under a cheque truncation system
type: OTHER
Source sentences:
text: Cheque clearing (or check clearing in American English) or bank clearance is the process of moving cash (or its equivalent) from the bank on which a cheque is drawn to the bank in which it was deposited, usually accompanied by the movement of the cheque to the paying bank, either in the traditional physical paper form or digitally under a cheque truncation system.