ECCU Cheque Clearing Process - Eastern Caribbean Central Bank

ECCU Cheque Clearing Process (ACH)

Current Cheque Clearing Process

The ECACHSI operates the Eastern Caribbean Automated Clearing House (ECACH) which supports the clearings of retail transactions initiated by commercial banks under the authority of the ECCB
Requires no physical exchange of cheques
Net positions are settled using accounts held at the Central Bank.
Two low value cheque clearing settlement sessions are effected at 9:00 a.m. and 2:30 p.m. daily.
VIP cheques valued at XCD150,000.00 and over are cleared from 8:00 a.m. to 2:30 p.m

Structure of Clearing System

Member Territories	Clearing Banks
ANGUILLA	2
ANTIGUA AND BARBUDA	6
DOMINICA	4
GRENADA	5
MONTSERRAT	2
SAINT CHRISTOPHER (ST KITTS) AND NEVIS	6
ST LUCIA	5
ST. VINCENT AND THE GRENADINES	4

Contact Information:

The Director
Banking and Monetary Operations Department
Eastern Caribbean Central Bank
PO Box 89
Basseterre
St. Kitts
Email: bmod_sec@eccb-centralbank.org
Telephone: 869 465 2537 ext. 3601
Facsimile: 869 465 5614