The ECACHSI operates the Eastern Caribbean Automated Clearing House (ECACH) which supports the clearings of retail transactions initiated by commercial banks under the authority of the ECCB
Requires no physical exchange of cheques
Net positions are settled using accounts held at the Central Bank.
Two low value cheque clearing settlement sessions are effected at 9:00 a.m. and 2:30 p.m. daily.
VIP cheques valued at XCD150,000.00 and over are cleared from 8:00 a.m. to 2:30 p.m
Structure of Clearing System
ANTIGUA AND BARBUDA
SAINT CHRISTOPHER (ST KITTS) AND NEVIS
ST. VINCENT AND THE GRENADINES
The Director Banking and Monetary Operations Department Eastern Caribbean Central Bank PO Box 89 Basseterre St. Kitts Email: email@example.com Telephone: 869 465 2537 ext. 3601 Facsimile: 869 465 5614