Regional Check Processing Center
- Regional Check Processing Center
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A Federal Reserve check processing operation that clears checks drawn on depository institutions located within a specified area. RCPCs expedite collection and settlement of checks within the area on an overnight basis. Bloomberg Financial Dictionary
Financial and business terms.
2012.
Look at other dictionaries:
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RCPC — See: Regional Check Processing Center … Financial and business terms
RCPC — abbreviation regional check processing center … Dictionary of banking and finance
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