Transit checks in collection that, for one reason or another, are delayed until the next processing cycle, which is usually the next business day, for bundling in cash letters and presentment to a clearing house or directly to the paying bank for collection. Most holdovers are found in large clearing banks.
Holdovers
| Banking Dictionary: Holdovers |
| 5min Related Video: Holdovers |
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 | A Taste of Doo Wop, Vol. 2 (1993 Album by Various Artists) |
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 | Banking Dictionary. Dictionary of Banking Terms. Copyright © 2006 by Barron's Educational Series, Inc. All rights reserved. Read more |
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Mentioned in
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- Zen: The Music of Fred Katz (1956 Album by Chico Hamilton)
- Devils Wielding Scimitars (Rock Band, '80s, '90s)
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- Finger Prints (1931 Mystery TV Series)
- Low Profile Darkness (1997 Album by Panacea)
- Cameo (2004 Album by Dave Pell Octet)
- A Pell of a Time (1957 Album by Dave Pell)
- Artie Shaw and the Rhythmakers, Vol. 1 (1937 Album by Artie Shaw)
