The document details the cheque clearing process between two banks, referred to as 'bank a' and 'bank b'. It outlines the steps a customer goes through when presenting a cheque, including justification and communication with the clearing house of 'Bangladesh Bank'. The process includes signals indicating acceptance or rejection of the cheque by 'bank b' after verification.

1. Cheque Clearing Process Flowchart
Customer
Presents a Cheque of
“Bank B” to the “Bank A”
Gets Paid in his/her Bank
Account.
Otherwise Receives the
Rejected Cheque
Bank A
 Receives a Cheque of
“Bank B” from the
Customer,
 Justify & Present to
Clearing House of
"Bangladesh Bank" to
Check
 If Receive "Green
Signal" from the "Clearing
house", Pays the Customer
for the Cheque
 And if Receives "Red
Signal", the Unpaid
Cheque Returns Back to
the Customer
Clearing House
 Receive the Cheque Info
from “Bank A”,
 Justify the Cheque,
 & Also Inform “Bank B”
 If “Bank B” Accepts,
Sends "Green Signal" to
“Bank A” & Process the
Transaction
 And if “Bank B” Rejects,
Sends "Red Signal" to
“Bank A”
Bank B
 Receive Cheque Info
from the "Clearing House",
Justify the Cheque
Details
 & Respond by
Rejecting/ Accepting