Electronic Check Clearing
In May 2012, Benefit started running the nation's check truncation system. Thus, enabling 29 banks in the Kingdom to settle checks the same day.
Read more about this topic: The Benefit Company
Famous quotes containing the words electronic, check and/or clearing:
“The war was won on both sides: by the Vietnamese on the ground, by the Americans in the electronic mental space. And if the one side won an ideological and political victory, the other made Apocalypse Now and that has gone right around the world.”
—Jean Baudrillard (b. 1929)
“cried as he died, fearing at last the spheres’
Last sound, the world going out without a breath:
Too proud to cry, too frail to check the tears,
And caught between two nights, blindness and death.”
—Dylan Thomas (1914–1953)
“Usually the scenery about them is drear and savage enough; and the logger’s camp is as completely in the woods as a fungus at the foot of a pine in a swamp; no outlook but to the sky overhead; no more clearing than is made by cutting down the trees of which it is built, and those which are necessary for fuel.”
—Henry David Thoreau (1817–1862)