Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “clearing bank”

See all translations

clearing bank

noun [C]
 
 
( also clearer) BANKING
in the UK, one of the main banks, that can exchange cheques and other payments between customers of other banks: The four clearing banks in Scotland are Bank of Scotland, Clydesdale Bank, Lloyds TSB and the Royal Bank of Scotland.
Translations of “clearing bank”
in Chinese (Traditional) 票據交換銀行, 清算銀行…
in Chinese (Simplified) 票据交换银行, 清算银行…
(Definition of clearing bank from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of clearing bank?
Add Cambridge dictionaries to your browser to your website

Definitions of “clearing bank” in other dictionaries

Word of the Day

sail

When a boat or a ship sails, it travels on the water.

Word of the Day

Byronic, Orwellian and Darwinian: adjectives from names.

by Liz Walter,
April 15, 2015
Becoming an adjective is a strange kind of memorial, but it is often a sign of a person having had real influence on the world. Science is full of examples, from Hippocrates, the Greek medic born around 460 BC, who gave his name to the Hippocratic Oath still used by doctors today,

Read More 

dumbwalking noun

April 20, 2015
walking slowly, without paying attention to the world around you because you are consulting a smartphone He told me dumbwalking probably wouldn’t be a long-term problem.

Read More