ECS meaning in Banking ?

Answer:

What is Electronic Clearing Service mean?

In banking and finance, clearing denotes all activities from the time a commitment is made for a transaction until it is settled. This process turns the promise of payment (for example, in the form of a cheque or electronic payment request) into the actual movement of money from one account to another. Clearing houses were formed to facilitate such transactions among banks.

reference

Full Form	Category
Electronic Commerce Server	Academic & Science
Electronic Clearing System	Academic & Science
Electronic Credit Settlement	Academic & Science
Electrochemical Society	Academic & Science
Electronic Control System	Academic & Science
Electronic and Computer Science	Academic & Science
Electronics and Computer Science	Academic & Science
Engineering Computer Simulations	Academic & Science
Electronic Claim Submission	Academic & Science
Engineering and Computer Simulations	Academic & Science
Electronic Citation System	Academic & Science
European Cetacean Society	Academic & Science
Electronic Claims Submission	Academic & Science
Newcastle (wy)	Airport Code
Electronic Clearing Service	Banking
Electronic Clearing Services	Banking
Engineering Career	Business
Enhanced Customer Service	Business
Early Career Scientists	Business
Educational Construction Set	Business
Engineered Compost Systems	Business
Energy Consumption Saver	Business
Elitegroup Computer Systems	Business
Engineering Career Services	Business
Electronic Control Services Company	Business
Electrosteel Castings	Business
ECSI, LTD.	Business
Engineering Capture System	Business
Economic Consultancy House	Business
Engineering Computer Services	Business
Electronic Controlled Suspension	Business
Educator Certification System	Certifications
Electrotechnical Certification Scheme	Certifications
Emmaus Correspondence School	Community
English Communications Service	Community
Educational Cost Sharing	Community
Education, Culture, and Science	Community
Education Commission of the States	Community
Exceptional Children Services	Community
Episcopal Community Services	Community
Educational and Community Services	Community
Evangelical Christian School	Community
Early Childhood Services	Community
Ethical Culture School	Community
Emergency Calling Service	Computer and Networking
Expert Control System	Computer Hardware
Electronic Customer Support	Computing
Experiment Control System	Computing
Eof Core System	Computing
Elitegroup Computer System	Computing
Edit Configuration System	Computing
Error Correction System	Computing
Extended Character Set	Computing
Enhanced Chip Set	Computing
Enhanced Communications Server	Computing
Embedded Computer System	Computing
European Computer Science	Computing
European Communications Satellite	Computing
Embedded Control Systems	Computing
Ethernet Connectivity Solutions	Computing
Entertainment Computer System	Computing
Encrypted Compressed Gis Software	Computing
Electronic Commerce System	Computing
Electronic Commerce Services	Computing
Engineering and Computer Science	Computing
Embedded Computer Systems	Computing
Electronic Communications Service	Computing
Electronic Cross-Connect System	Computing
Enterprise Cloud Services	Computing
Enter Cloud Suite	Computing
Enterprise Cyber Security	Computing
E-Commerce Summit	Computing
E-Commerce Service	Computing
E-Commerce Solution	Computing
Edinburgh Computer Services	Computing
Exploring Computer Science	Computing
Educational Computer Strategist	Computing
Encryption Control System	Computing
Ecuador Sucre	Country Currency
Electronic Chart System	File Type
Electric Charging Station	General
Electronic Charging Station	General
Equivalent Car Space	General
Echantillon Carnet Sample	General
Elastic Cloud Storage	General
Experience Centered Seminar	General
Empire City Subway	General
Exceptional Customer Service	General
EC2 Container Service	General
Entity Component and System	General
EOSDIS Core System	General
Esports Championship Series	General
Enhanced Cybersecurity Services	General
EC2 Cluster Service	General
Entity Component System	General
Elastic Common Schema	General
Elastic Container Service	General
Extended Chirp Scaling	General
Environment Control System	General
Earth Cargo Ship	General
Emerald City Supporters	General
English Club of Slipi, Jakarta, Indonesia	General
Extended Color Savings	General
Electrically Controlled Suspension	General
Exon Complementary Sequence	General
Electronic Crash Sensor	General
Emission Control System	General
Evaporation Control System	General
Early Crash Sensor	General
Electronically Controlled Suspension	General
Engine Crank Switch	General
Engineering Control Systems	General
East Coast Supercharging	General
Engine Coolant System	General
Electronic Control Power Steering	General
Engineering Change Schedule	General
Electronic Clutch System	General
Elantra Club Singapore	General
Engineering Center Steyr	General
European Car Sharing	General
Enterprise Car Share	General
Electromobil Club de Suisse	General
e-Tron Charging Service	General
Exotic Car Spotters	General
Environmental Compliance Services	Governmental
Energy Communications and Services	Governmental
Employment Contractor Services	Governmental
Energy Communication and Services	Governmental
Environmental Charter School	Governmental
Ethics Compliance Standard	Governmental
Education Cost Sharing	Governmental
Executed Contract System	Governmental
Environmental Composite Systems	Governmental
Entity Coordinate System	Maths
Element Construction Set	Maths
Edge Composite System	Maths
Endocervical Swab	Medical
Eligible clinicians	Medical
ElectroCerebral Silence	Medical
Equipment Concentration Site	Military and Defence
Engineer Combat System	Military and Defence
Exercise Control System	Military and Defence
Engagement Control Station	Military and Defence
Expeditionary Combat Support	Military and Defence
Enterprise Control Station	Networking
Event Correlation Services	Networking
Eddy Covariance System	Physics Related
Ecuadorian Sucres	Regional
Ecuadorian Sucre	Regional
Engine Control System	Space Science
Environmental Control System	Space Science
Eosdis (earth Observing System Data and Information System) Core System	Space Science
Eof (experimenters Operations Facility) Core System	Space Science
Extreme Combat Specialists	Sports
Emergency Communication System	Telecommunication
Mondell Airport	Transport & Travel