Meaning Of The Word Clearing bank

Real Dictionary

What's the definition of Clearing bank? Find Clearing bank meanings, definitions and more at the Real Dictionary online.

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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