Users will be offered pre-debit notification of reimbursement claims, value-added reporting on euro-denominated transactions ... the electronic capture of cheque images at the Fed in Philadelphia.

The system will enable an image of the cheque, created by the bank or building society when the cheque is paid in, to be exchanged electronically between banks and building societies. Although ...

Under this, cheques will no longer be sent to the clearing house but will be scanned upon deposit and their electronic images (instead of the physical cheque) will be transmitted through the ...

You'll soon be able to clear a cheque by the next working day thanks to a new image-based system being rolled out from today. Currently, paper cheques have to be taken from bank to bank and can take ...

Under the new system, banks will be able to accept and clear cheque images drawn from their peers. Initially, the volume of cheques going through the new system - built by Vocalink and Exela ...