What is the primary objective of the Check Image Clearing System (CICS)?, To eliminate the use of physical checks completely., To hasten funds availability, ideally the next day., To provide tactile dots for the visually impaired., What is Clearing?, refers to the exchange of checks and the balancing of accounts between banks, Crystal Clear, process of withdrawing cash, What is the retention period of retention and request of CICS records by/from PCHC?, 10 years, 180 days, 2 banking days, What is the retention period of original checks that are paid/honored?, 10 years, 180 days, 2 banking days, Out of date checks, February 31, May 1, November 31, February 31, April 31, November 30, February 30, April 31, November 31, What does the acronym BRSTN stands for?, Bank Reserve and Settlement Transfer Number, Bank Routing Symbol Transit Number, Balance Reporting and Symbol Token Number, A "Stale-Dated Check" is defined as a check deposited after how many days?, 90th day, 360 days, 180th day, In-house, MBTC checks deposited to other banks and sent for clearing, Other Bank Checks deposited to MBTC and sent for clearing., MBTC checks deposited to MBTC branches and sent to CCSD for clearing., Local Outward, MBTC checks deposited to other banks and sent for clearing, Other Bank Checks deposited to MBTC and sent for clearing., MBTC checks deposited to MBTC branches and sent to CCSD for clearing., Inward, MBTC checks deposited to other banks and sent for clearing, Other Bank Checks deposited to MBTC and sent for clearing., MBTC checks deposited to MBTC branches and sent to CCSD for clearing., According to the CICS, what is the clearing period for an On-Us / Encashment check?, Same Day (1 day clearing), 2 Banking Days, Withdrawal after 10:00 a.m., According to the CICS, what is the clearing period for Local?, Same Day (1 day clearing), 2 Banking Days, Withdrawal after 10:00 a.m., According to the CICS, what is the clearing period for Inhousel?, Same Day (1 day clearing), 2 Banking Days, Withdrawal after 10:00 a.m., Withdrawal time of after 10:00 a.m for which type of transaction, On-Us / Encashment checks onlyOn-Us / Encashment checks only, All check deposit to ATM accountsAll check deposit to ATM accounts, In-House Clearing Items onlyIn-House Clearing Items only, Clearing cut-off for Local Outward Clearing, 3:00 PM, 4:30 PM, 6:00 PM, Clearing cut-off for Inhouse Clearing, 3:00 PM, 4:30 PM, 6:00 PM, The correct order of BRSTN, Bank Code, Branch Number, Check Digit, Region Code, Region Code, Branch Number, Check Digit, Bank Code, Region Code, Bank Code, Branch Number, Check Digit, Outward clearing step-by-step, Segregate- Capture- Data Correction- Balancing, Segregate- Caption- Data Correction- Balancing, Segregate- Capture- Data Corrected- Balancing, Penalty for failure to tag BIR/BOC checks, P 10.00 per time, P 100.00 per item, P 1000.00 item, Deposit slip and payment slip WITH account number, 97, 98, 99, Other forms WITHOUT account number, 97, 98, 99, Transaction code for a Regular check, 000, 003, 002, Transaction code for a Charge Slip, 000, 003, 002, Transaction code for SCR, 000, 003, 002, Transaction code for Return (with charge), 000, 014, 024, KAYA ANG EXAM, KAYA, KAYAMOKAT.

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