clearing bank

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English

Alternative forms

clearing-bank

Noun

clearing bank (plural clearing banks)

Any of a network of banks that have a formal arrangement for the exchange of cheques, drafts, etc.

Translations

bank that has a formal arrangement for the exchange of cheques, drafts etc.

German: Verrechnungsbank f, Abwicklungsbank f, Clearingbank f, Girobank f, Girozentrale f
Indonesian: bank kliring
Irish: banc imréitithe m

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