Business & Finance
CCD+ Full Form - What is Full Form of CCD+?
| Full Form: | Cash Concentration of Disbersement Plus |
|---|---|
| Category: | Business & Finance |
| Sub Category: | Accounting |
What is Meaning of CCD+?
CCD+ is full form Cash Concentration of Disbersement Plus
What is Cash Concentration of Disbersement Plus?
Cash concentration and disbursement is a type of electronic funds transfer typically used to transfer funds among commercial business accounts. CCD was developed by the National Automated Clearing House Association. CCD supports rapid, secure transactions, with outgoing disbursements that clear overnight.