clearing bank
clearing bank · clearing banks
Girozentrale, Verrechnungsbank, Abwicklungsbank, Clearingbank
Any of a network of banks that have a formal arrangement for the exchange of cheques,…Any of a network of banks that have a formal arrangement for the exchange of cheques, drafts, etc.
Meaning
1 sensesAny of a network of banks that have a formal arrangement for the exchange of cheques, drafts, etc.
Verrechnungsbank, Abwicklungsbank, Clearingbank
Translations
1 languagesDeutsch
By meaning 1
bank that has a formal arrangement for the exchange of cheques, drafts etc.: