EFFECT OF AUTOMATED CLEARING SYSTEM ON BANK PERFORMANCE IN BANKING ( A CASE STUDY OF UNITED BANK OF AFRICA IWO ROAD BRANCH)

ABSTRACT

To start with, the goal of every operation staff is to deliver quality service and in the process excite the customer.

Through information given it is obvious that automated clearing system in Nigeria has improved payment service. The purpose of clearing banks to make the process more manageable. Method used in this project work has been arranged and design in a meaningful way so that it will be obvious to anybody that come across this project.

The effect of automated clearing system has been stated in a clear times like strong of data and vital information. It also promoted effective control through tracking and reconciling items and also the benefit of the system has also been stated in a event between automated clearing system and special clearing system so as shed more light on the topics for proper understanding.