Cash items in the process of collection definition

Cash items in the process of collection means checks or drafts in the process of col- lection that are drawn on another depository institution, including a central bank, and that are payable immediately upon presen- tation in the country in which the reporting bank’s office that is clearing or collecting the check or draft is located; U.S. Govern- ment checks that are drawn on the United States Treasury or any other U.S. Govern- ment or Government-sponsored agency and that are payable immediately upon presen- tation; broker’s security drafts and com- modity or bill-of-lading drafts payable im- mediately upon presentation in the United States or the country in which the reporting bank’s office that is handling the drafts is lo- cated; and unposted debits.
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Cash items in the process of collection. – means funds that are in the course of being transmitted between banks. These items include funds at transfer accounts, cheques and other forms of payment that have been sent for collection2;
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Cash items in the process of collection means checks or drafts in the process of collection that are drawn on another depository institution, including a central bank, and that are payable immediately upon presentation in the country in which the reporting institution’s office that is clearing or collecting the check or draft is located; United States Government checks that are drawn on the United States Treasury or any other United States Government or Government-sponsored agency and that are payable immediately upon presentation; broker’s security drafts and commodity or bill-of-lading drafts payable immediately upon presentation in the United States or the country in which the reporting institution's office that is handling the drafts is located; and unposted debts.
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Examples of Cash items in the process of collection in a sentence

  • Non-interest-earning deposits in a bank or savings association under the control of a supervisory authority.2. Cash items in the process of collection, such as redeemed U.S. Savings Bonds.3. Checks or drafts in the process of collection that are drawn on another depository institution, Federal Reserve Bank, Federal Home Loan Bank (FHLBank), or the U.S. government.Do not include:1.

  • Cash items in the process of collection shall be assigned a 20 % risk weight.

  • Cash Items in Process of Collection (Item B.2) Cash items in the process of collection consist primarily of the reporting institution’s checks or drafts, deposited by its customers (including other depository institutions), that have been sent for collection through another entity for which settlement has not occurred and the funds are not immediately available.

  • Report Item B.2--Cash Items in Process of Collection Cash items in the process of collection consist primarily of the reporting institution’s checks or drafts, deposited by its customers (including other depository institutions) that have been sent for collection through another entity for which settlement has not occurred and the funds are not immediately available.

  • Cash items in the process of collection shall receive a 20% risk weight.

  • Cash items in the process of collection are risk-weighted at 20%.

  • Cash items in the process of collection and unposted debits (from Line B.2 of the FR 2900); 2.

  • Portions of loans and other assets condi- tionally guaranteed by the U.S. Government or its agencies, or other OECD central gov- ernments.3. Portions of loans and other assets collateralized by cash on deposit in the lend- ing institution.4. All claims (long- and short-term) on, or guaranteed by, OECD depository institu- tions.5. Claims on, or guaranteed by, non-OECD depository institutions with a residual matu- rity of one year or less.6. Cash items in the process of collection.

  • Class I - Cash items1.1. Notes and coins1.2. Australian dollar balances with the Reserve Bank of Australia1.3. Gold bullion held in the ADI's own vault or on an allocated basis by another party to the extent that it is backed by gold bullion liabilities1.4. Cash items in the process of collection 2.

  • Cash items in the process of collection (e.g. cheques, drafts and other items drawn on domestic or overseas banks that are payable immediately upon presentation.

Related to Cash items in the process of collection

  • Permitted Receivables Related Assets means any other assets that are customarily transferred, sold and/or pledged or in respect of which security interests are customarily granted in connection with asset securitization transactions involving receivables similar to Receivables and any collections or proceeds of any of the foregoing (including, without limitation, lock-boxes, deposit accounts, records in respect of Receivables and collections in respect of Receivables).

  • Bondable stranded costs means any stranded costs or basic

  • Bondable stranded costs rate order means one or more

  • Principal Proceeds means, with respect to any Collection Period or the related Determination Date, all amounts received by the Borrower during such Collection Period that do not constitute Interest Proceeds, including unapplied proceeds of the Advances and any amounts received by the Borrower as equity contributions (howsoever designated).