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 process that leads to an agreement on the…The central banks controls commercial banks through…In reconciling the branch and head office accounts;…One of the functions of commercial banks that cannot…The letters R/D on a cheque shows that the cheque is?