advice of fate
- (U.K.) Finimmediate notification from a drawer’s bank as to whether a check is to be honored or not. This special presentation of a check bypasses the normal clearing system and so saves time.
The ultimate business dictionary. 2015.
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special presentation — Fin the sending of a check directly to the paying banker rather than through the clearing system. Also known as special clearing. See also advice of fate … The ultimate business dictionary
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