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English definition of “clearing bank”

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clearing bank

noun [C] uk   UK us  
a bank that exchanges cheques with other banks through a central organization called a clearing house
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 Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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