clearing bank

---

Noun

clearing bank (plural clearing banks)

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

Translations

• German: Verrechnungsbank, Abwicklungsbank, Clearingbank, Girobank, Girozentrale

---

This text is extracted from the Wiktionary and it is available under the CC BY-SA 3.0 license | Terms and conditions | Privacy policy 0.003