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One advantage of this clearing house model is the possibility to negotiate the size of management fees.
The literature defines a ' clearing house ' as an institution, publicly or privately owned, which centralizes collections and recordkeeping for the second pillar.
The idea was to provide a clearing house for information about available workers and to register those seeking employment.
A separate back-office clearing house can sometimes appear in the guise of a 'middle-office' or 'shared service centre'.
For example, it could provide methodological support, assume a clearing house function, or even develop joint projects.
In many cases, a clearing house is outsourced, either within the public sector or to private sector specialists.
The new panel will act mainly as a clearing house for all the information, statistics and help that is already available.
This suggests that the existence of a central agency or ' clearing house ' is not a sufficient condition for lowering charges/costs.
However, for a given operation, more than one book entry may be made with different institutions, such as the clearing house and the settlement agent.
Secondly, it would provide a central clearing house.
The clearing house has a very good system now for taking account of the subjects studied by students making application for training college places.
It was, as it were, the recruiting agency and clearing house for the services of persons.
There will be hundreds of clerks available when the railway clearing house is made unnecessary.
It will act as a clearing house putting those who need to continue using halons in contact with those who do not.
A good many of these moneylenders have a clearing house or exchange where they exchange the names of their clients between themselves.
