About CCC Cheque Codeline Clearing with Cheque Truncation (CCC) is the process of clearing cheques electronically whereby the physical movement of the cheque is stopped or truncated at the point of deposit. The captured image and MICR codeline data of the cheque is then used for the rest of the clearing process. CCC Services Normal Cheque Clearing: This is the default cheque clearing service whereby cheques are cleared within two days beginning from the day the cheque is deposited at the bank. Most banks do not charge for this service. Express Cheque Clearing: This is a premium service whereby cheques are cleared between 11am and 12 pm (on working days) and clients can receive their funds after the session ends as 2pm on the same day. Banks charge a special rate for this service. Benefits of the CCC System Improved security Increased efficiency and timeline in the clearing and settlement process. Quicker and easier access to funds Increased client confidence in the banking system. Improved system audit thus greatly reducing incidents of fraud.