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Clearing float

• The delay between deposit of a payment and when spendable funds become available to the firm. This refers to the time it takes for a cheque to clear.

 
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Time
 
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Beware of fraud originating in phone messages and faxes: FDIC Consumer News has warned before about crooks who call or e-mail consumers and pretend to be legitimate companies or government agencies wanting people to "verify" or "resubmit" (divulge) confidential information such as bank account or credit card numbers as well as Social Security numbers, passwords and personal identification numbers. Here are variations to know about. More...

No one ever achieved greatness by playing it safe. - Harry Gray

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