Electronic Clearing System

Views Updated: Dec 15, 2025

Key Facts

Abbreviation
ECS
Pronunciation
/ˌɪˌlɛkˈtrɑnɪk ˈklɪrɪŋ ˈsɪstəm/
Category
Academic & Science
Related Field
Electronics

Examples in Context

  1. Iraq's first electronic clearing system has begun to function in Baghdad's main branch of the Rafidain Bank, Iraq's largest lender, which is owned by the state.
  2. For the effective operation of currency board arrangements, the organisation responsible for running the system has to manage the electronic interbank clearing system as well.
  3. They would force more OTC derivatives to be traded on exchanges and electronic trading platforms, and push them through clearing houses to safeguard the financial system against the fallout from a catastrophic default.
  4. This paper introduces the principle of the electronic toll collection ( ETC ) system including ETC land equipment sub system and fee clearing sub system of background operation.

Other meanings of ECS

Ecuadorian Sucre Regional
Endocervical Swab Medical
Equipment Concentration Site Gov
Engineer Combat System Gov
Exercise Control System Gov
Engagement Control Station Gov
European Communications Satellite Community
EOF (Experimenters Operations Facility) Core System Gov
Enhanced Customer Service Business
Enterprise Control Station Computing