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… The reason many small businesses continue to use business cheques to pay each other is that it is viewed as lower cost … provides a paper trail with related invoices and cancelled cheques. I will be very pleased if Canada gets a ubiquitous …

… he was going to close down payment rails. In 1659 the first cheque was written and you know what, we still kind of use cheques. We don't want to get involved with is it a good …

… Lynx, Canada’s high-value payment system, and the Automated Clearing Settlement System (ACSS) remained fully operational …

… we successfully commenced the build of the real-time clearing and settlement component of the RTR. Combined with … component, which was built in 2023, the exchange and clearing and settlement systems together will form a new … e-Transfer, which will use the RTR for the real-time clearing and settlement of its transactions. Enabling …

… payment remittances are processed through the Automated Clearing Settlement System (ACSS). This includes the … and can be referenced within this terms list. Automated Clearing Settlement System (ACSS): Payments Canada’s retail … advice to Payments Canada’s Board of Directors on payment, clearing, and settlement matters. Senior Operational …

… by the Bank of Canada. For Lynx , Canada’s new core clearing and settlement system, that means the adoption of a … Optimization Engine (SOE) - the element of the new core clearing and settlement system that will replace the Automated Clearing Settlement System (ACSS) and will be considered for …