National Automated Clearing House - meaning and definition. What is National Automated Clearing House
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What (who) is National Automated Clearing House - definition


National Automated Clearing House         
National Automated Clearing House (NACH), introduced by National Payments Corporation of India, is a centralised clearing service that aims at providing interbank high volume, low value transactions that are repetitive and periodic in nature. Offering credit and debit service to corporates, banks, and financial institutions, the service, aimed at integrating all regional ECS into one National Payment System, is claimed to be better than its predecessor, Electronic Clearing Service.
chaps         
  • A bronc rider wearing batwing style rodeo chaps
  • Chainsaw chaps
  • Chinks, fringe begins just below the rider's knee
  • Rejoneador wearing chaps
  • A cowboy, {{circa}} 1887, wearing shotgun-style chaps
  • Woolies, circa 1917
  • Half chaps and [[jodhpur boot]]s
  • Motorcycle chaps
  • Alfonso XIII]] and the [[Duke of San Pedro de Galatino]] to his left and right respectively
  • Shotgun chaps worn by the rider of a [[reining]] horse
  • A pair of suede shotgun chaps designed for [[horse show]] use. Left leg is closed as it would be when worn, right leg is opened out to show construction.
BRITISH PAYMENT SYSTEM
Clearing Houses Automated Payment System; Clearing House Automated Payment System
n. pl.; (also chops)
Mouth, jaws.
Chaps         
  • A bronc rider wearing batwing style rodeo chaps
  • Chainsaw chaps
  • Chinks, fringe begins just below the rider's knee
  • Rejoneador wearing chaps
  • A cowboy, {{circa}} 1887, wearing shotgun-style chaps
  • Woolies, circa 1917
  • Half chaps and [[jodhpur boot]]s
  • Motorcycle chaps
  • Alfonso XIII]] and the [[Duke of San Pedro de Galatino]] to his left and right respectively
  • Shotgun chaps worn by the rider of a [[reining]] horse
  • A pair of suede shotgun chaps designed for [[horse show]] use. Left leg is closed as it would be when worn, right leg is opened out to show construction.
BRITISH PAYMENT SYSTEM
Clearing Houses Automated Payment System; Clearing House Automated Payment System
Chaps ( or ) are sturdy coverings for the legs consisting of leggings and a belt. They are buckled on over trousers with the chaps' integrated belt, but unlike trousers, they have no seat (the term "assless chaps" is a tautology) and are not joined at the crotch.