Question

PPS in terms of american bank...

Answer 1

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In Britain, a PPS is a Member of Parliament who is appointed by a more senior Member to help them with their duties. PPS is an abbreviation for 'parliamentary private secretary'.

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Answer 2

PPS in terms of american Bank means a bank or other credit institution which has a current agreement with the Clearing House to participate, other than solely as a Concentration Bank, in the Clearing House Protected Payment System, as described in the Regulations.