The process of reconciling cheques between banks is termed cheque? by Sunday | Dec 2 | Accounting JAMB | 0 comments A. clearing B. truncation C. holding D. confirmation Correct Answer: Option A – clearing Users Also Read These:The developments banks are essentially different…The letters R/D on a cheque shows that the cheque is?One of the functions of commercial banks that cannot…Uncredited cheques refer to cheques not yet credited?Commercial banks are different from development…