Meaning Of The Word Clearing bank

Real Dictionary

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Clearing bank Meaning

Clearing bank Definition
Clearing bank Definition

What's The Definition Of Clearing bank?

clearing bank
countable noun: The clearing banks are the main banks in Britain. Clearing banks use the central clearing house in London to deal with other banks.

clearing bank in British English
noun: (in Britain) any bank that makes use of the central clearing house in London for the transfer of credits and cheques between banks

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