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Unemployment has been above 12 percent for a year, while such indicators as building permits, property values, bank clearings and airline traffic are down.
Note that such a system need not be a modern-day IT system: a banking clearing house in the 19th century may be used as an example.
The strength of the strike was reflected in the decline of bank clearings in New Orleans to half their pre-strike levels.
Such transactions, by affecting commercial bank clearing balances, alter the liquidity of these banks and hence their willingness to lend to, or withdraw funds from, the discount houses.
The National Bank of Commerce was the principal correspondent bank for bank clearings in the area southwest of Chicago and St. Louis.
Bankenes BetalingsSentral or BBS was a Norwegian company that provided centralised management of payment transactions, giro management and bank clearing.
What he had in mind would only work on a planet with a relatively small economy and a highly centralized bank clearing system--but it just so happened Inferno fit that description precisely.
Between 1995 and 1997, the bank clearing department, then headed by Alain Bernard, funded $573 million of arms sales between Russia and Angola, according to Judge Courroye's investigations.
The bank's computer then tells a banking clearing house - a kind of automated middle man that assists banks in switching funds from one to another - to send the customer's funds to the account abroad.
The German Zentraler Kreditausschuss (ZKA / Central Credit Committee) initiated a project to replace the national banking clearing system based on FTAM (short BCS-FTAM).
The New York Clearing House Association, the nation's first and largest bank clearing house, was created in 1853, and has played a variety of important roles in supporting the development of the banking system in America's financial capital.
Mississippi River floods, fur catches in Canada, stock market prices, marriages, epidemics, freight-car loadings, bank clearings, locust plagues, divorces, tree growth, wars, rainfall, earth magnetism, building construction patents applied for, murders-you name it; I've got it there."
Smith developed FedEx on the business idea of a shipment version of a bank clearing house where one bank clearing house was located in the middle of the representative banks and all their representatives would be sent to the central location to exchange materials.