clearing bank Meaning in the Cambridge English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of “clearing bank” in the English Dictionary

"clearing bank" in British English

See all translations

clearing banknoun [C]

uk   us   UK
a ​bank that ​exchanges cheques with other ​banks through a ​centralorganization called a ​clearinghouse
(Definition of clearing bank from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"clearing bank" in Business English

See all translations

clearing banknoun [C]

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

autumnal

typical of autumn

Word of the Day

Introducing a new author and a new weekly blog post!
Introducing a new author and a new weekly blog post!
by Cambridge Dictionaries Online,
August 27, 2015
The English language is constantly changing. You know that. But did you know that at Cambridge Dictionaries Online we keep track of the changes? We continually add new words and new meanings to our online dictionary for learners of English. Some of them are new to English entirely (neologisms), and some

Read More 

parklet noun
parklet noun
August 31, 2015
a public outdoor space that may be associated with a local business but where anyone can sit Pop-up cafes in NY are what’s actually called parklets in many other places around the country.

Read More