MONETARY DEBT RELIEF

Clearing was just a simple transaction between two parties, each creditor and debtor, but in modern times it has become a widespread mechanism and technique among banks and financial institutions, involving multiple parties, not only in one country but throughout the world, and banks We have seen the importance of writing on this subject, and the most important images and contemporary applications of the clearing done by the banks to liquidate their debts between them, in order to reach the legitimacy of them. In this research we followed the descriptive approach by describing and describing how the inter-bank clearing process and the mechanisms used in this, in addition to the comparative analytical approach, through analyzing these procedures and the mechanisms used and the statement of its legal ruling. One of the most important findings in this research is the legality of the clearing process that takes place between the banks between the banks under the supervision of the Central Bank or which is conducted between them by the credit card organization. The clearing process between the banks in the Clearing House is not a clearing In the sense of jurisprudence; because of the lack of one of its basic jurisprudence.