The rates for clearing accounts are equal to the cost of providing the service.

Clearing accounts provide an efficient means of monitoring a common set of costs.

These clearing accounts pay no interest, but since companies use them to transfer payments to other businesses, not as investment vehicles, few complain.

In the last of its years, the Soviet Union's debt began accumulating on an alarming rate into clearing accounts.

Clearing accounts do not include personnel costs and positions, major fixed costs, or overhead costs.

A Clearing account is usually a temporary account containing costs or amounts that are to be transferred to another account.

Bilateral trade agreements often aim to keep trade deficits at minimum by keeping a clearing account where deficit would accumulate.

The following accounts are clearing accounts:

Clearing accounts monitor "pass-through" costs, which are processed through the WCF and allocated to customers based on usage.

There are three types of financial accounts in the WCF: operating accounts, clearing accounts, and overhead accounts.

However, hitherto, these two articles have never provided the foundation for a systematic procedure for clearing accounts or even financial corrections which are occasional, but are linked to specific circumstances.

The company is negotiatiing with the Broadcort Capital Corporation, a unit of Merrill Lynch & Company, to take up the clearing accounts, Mr. Berger said.

An earlier system of bilateral clearing accounts was replaced on January 1, 1964, by accounts with the International Bank for Economic Cooperation, using the transferable ruble as the unit of account.

Soviet bilateral trade is occasionally called "barter trade", because although the purchases were denominated in U.S. dollars, the transactions were credited to an international clearing account, avoiding the use of hard cash.

Instead of permitting full indemnification, the Soviets put restrictions on the wealth that the Volksdeutsche could take with them and limited the totals that the Soviets would apply to the Reich's clearing accounts.

Under the deal announced yesterday, the Merrill subsidiary, the Broadcort Capital Corporation, will sell 45 percent of its clearing accounts to a division of the Donaldson, Lufkin & Jenrette Securities Corporation.

Capital, such as icebreakers, train carriages or consumer goods, could be obtained from Finland, and the cost would simply become clearing account deficit, eventually to be paid back as e.g. crude oil, or as orders such as nuclear power plants (Loviisa I and II).

The agreement, he said, set up a clearing account at the Swiss National Bank in which Polish receipts from the sale of its coal to Switzerland, money from supposedly dormant accounts held by Poles before 1939 and Swiss claims to compensation for expropriated assets were all to be accounted for and offset against each other.

All these transactions mean the balance in each bank's exchange settlement account goes up and down throughout the day.

Where required, grant or other funders' needs are met by comprehensive and clear settlement accounts.

Every bank has an account with the Reserve called its "exchange settlement account."

The costs for this are not included in the settlement account setup fee, and will be charged separately.

The 14 wineries that have agreed to the settlement account for the bulk of California wine production.

They make payments to each other through "settlement accounts" at the Reserve Bank.

Institutions’ settlement accounts with the national central banks may be used as reserve accounts.

This cash is segregated into a redemption settlement account, which currently has a balance of over $300 million.

You can have as many settlement accounts as you wish.

The monthly fee is a fixed amount payable by each participant per settlement account.

These episodes of planned settlement account for the majority of present-day towns throughout the country.

Conversely, it would reduce the supply of funds by selling bonds to the banks, which they had to pay for from their exchange settlement accounts.

The settlement accounts of the fly-by-night firms were serviced by a Cyprus bank.

(1) Every indirect clearer shall maintain a settlement account with each of its clearing agents.

Reserve holdings on settlement accounts may be used for intraday settlement purposes.

Payments are final, irrevocable, and settled immediately if there is sufficient funds in the participant's settlement account with the clearing house.

Under the cash-rate-based system, the volume of settlement cash will be largely determined by settlement account holders themselves.

Note that in this context, "cash" doesn't mean notes and coins, it's a nickname for the funds in exchange settlement accounts.

Most registered banks hold settlement accounts at the Reserve Bank, which are used to settle obligations with each other at the end of the day.

It may also open other settlement accounts with those NCBs which agree to provide such accounts.

But only settlement members can hold settlement accounts at the CLS Bank.

At present, exchange settlement accounts with the Reserve Bank of New Zealand are available only to registered banks.

They have applied for an Exchange Settlement Account, which would make their securities eligible for repo with the central bank.

These institutions could be sponsored by a deposit-taking Interac member that assumes responsibility for the payment obligations against some form of pre-funded settlement account.

The payor bank’s settlement account at its U.S. correspondent bank in New York is debited by the amount of the cheque.