You will not be able to withdraw funds until the bank has cleared your cheque.
Financial and business terms. 2012.
a cheque clears/is cleared — ► if a cheque clears, or a bank clears it, money is made available because it has been successfully paid from one account to another: »You will not be able to withdraw funds until the bank has cleared your cheque. Main Entry: ↑cheque … Financial and business terms
cheque — [tʆek] , check noun [countable] BANKING 1. a printed form that you use to pay for something instead of using money. You write on it the amount in words and numbers, the date, the person being paid, and sign your name: • a cheque for £200 … Financial and business terms
Cheque — A Canadian cheque … Wikipedia
a cheque is cleared — a cheque clears/is cleared ► if a cheque clears, or a bank clears it, money is made available because it has been successfully paid from one account to another: »You will not be able to withdraw funds until the bank has cleared your cheque. Main… … Financial and business terms
Clear — A trade is carried out by the seller delivering securities and the buyer delivering funds in proper form. A trade that does not clear is said to fail. The New York Times Financial Glossary * * * clear clear [klɪə ǁ klɪr] verb [transitive] 1. to… … Financial and business terms
clear — The process by which a clearinghouse maintains records of all trades and settles margin flow on a daily mark to market basis for its clearing member. Chicago Board of Trade glossary The collection of funds on which a check is drawn and the… … Financial and business terms
clear — clear1 W1S1 [klıə US klır] adj comparative clearer superlative clearest ▬▬▬▬▬▬▬ 1¦(easy to understand)¦ 2¦(impossible to doubt)¦ 3¦(sure about something)¦ 4¦(thinking)¦ 5¦(substance/liquid)¦ 6¦(weather)¦ 7¦(eyes)¦ … Dictionary of contemporary English
clear — [[t]klɪ͟ə(r)[/t]] ♦ clearer, clearest, clears, clearing, cleared 1) ADJ GRADED Something that is clear is easy to understand, see, or hear. The book is clear, readable and adequately illustrated... The space telescope has taken the clearest… … English dictionary
clear — I UK [klɪə(r)] / US [klɪr] adjective Word forms clear : adjective clear comparative clearer superlative clearest *** 1) obvious and impossible to doubt clear evidence: There was clear evidence putting him at the scene of the crime. a clear… … English dictionary
Bank fraud — is the use of fraudulent means to obtain money, assets, or other property owned or held by a financial institution. In many instances, bank fraud is a criminal offense. While the specific elements of a particular banking fraud law vary between… … Wikipedia
