clearing bank

English

Alternative forms

• 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

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

• German: Verrechnungsbank f, Abwicklungsbank f, Clearingbank f, Girobank f, Girozentrale f
• Irish: banc imréitithe m