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Indeed, "electronic processing" has become increasingly prevalent in institutions to address the delays associated with traditional cheque processing. By utilizing "electronic check processing and ACH solutions", the wait times for payment clearance can be significantly reduced. With electronic processing, payments made through cheque can become effective within two to three days, and in some cases, almost instantly. This expedited clearing process is facilitated by leveraging "electronic check processing" and the ACH system, which a... more