Banking Systems

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August 31, 2024 4 min read Definitions
Branch Banking: The Evolution and Modern Practices
Banking Finance Branch Banking Financial Institutions Bank Branches Banking Systems Financial Services
Branch banking refers to the system where a bank operates multiple branches in various locations, providing a range of banking services.
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August 31, 2024 4 min read Definitions
CHIPS: Efficient Clearing House Interbank Payments System
Finance Banking Payments CHIPS Real-Time Gross Settlement International Payments U.S. Finance Banking Systems
An in-depth exploration of CHIPS, the U.S.-based real-time gross settlement system that ensures efficient and secure domestic and international payments.
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August 24, 2024 4 min read Definitions
Automated Clearing House (ACH): Understanding Its Function and Mechanism
Finance Banking ACH Electronic Funds Transfer Banking Systems Nacha Financial Transactions
An in-depth exploration of the Automated Clearing House (ACH), an electronic funds-transfer system managed by Nacha. Learn about its function, mechanism, types, benefits, and historical significance.
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