...Global Transaction Banking division, has been mandated by the Börse München to act as the exclusive provider of a same dayclearing and settlement solution for greenmarket; the new carbon spot trading exchange established under the umbrella of the Börse...
http://www.finextra.com/fullpr.asp?id=29557
...float brings significant benefits. A collecting bank’s float cost reduction for two-day items shifting to one-dayclearing can be estimated. For example, at a 5% interest rate, the float saving is about 2 cents for a $100 check. For a...
https://www.svpco.com/reference/002422.pdf