PPB: Concepts and Practice · Part A: General Banking Operations

Chapter 6: Clearing, collection, cash and cash management

How cheques clear and are collected, how a branch handles cash, and how banks manage money for companies.

Buyers of the e-book, or of the print copy, which includes it, read the whole chapter. Everyone can read the free sample, pages 1 to 24 of the e-book.

In this chapter

• 6.1Clearing, and the cheque truncation systemp. 73
• 6.2Continuous clearing, returns and positive payp. 74
• 6.3Collecting cheques: the bank’s policyp. 75
• 6.4Cash at the counter: notes, coins, counterfeitsp. 76
• 6.5Cash management servicesp. 77
• Exam traps and quick checksp. 78
• Practice: 16 questions in three roundsp. 79
• Answers, with every wrong option explainedp. 81
• Make it stickp. 83
• Chapter 6 on one pagep. 84

Corrections and updates

None for this chapter so far. Every correction to the book, and any rule that changes after its date, is listed on the errata page.