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clearing bank

   Also found in: Wikipedia, Hutchinson 0.07 sec.
clearing bank
Noun
(in Britain) any bank that makes use of the central clearing house in London
Translations
Spanish clearing bank n (BRIT) → banco central
French clearing bank n (Brit) → banque f qui appartient à une chambre de compensation
German clearing bank clear (Brit) n → Clearingbank f
Italian clearing bank n (BRIT) → banca che fa uso della camera di compensazione
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The Working Group, formed by the Board after the September 11, 2001, terrorist attacks in New York City, recommended nine steps to mitigate risks to the financial system from the interruption or termination of the services of a clearing bank as the result of either operational or non-operational problems.
Report of the Working Group on Government Securities Clearance and ... by Federal Reserve Bulletin
Though not as big a project as the mammoth North Regional Clearing Bank in Hanover (AR August 2002), it still sets challenging architectural and environmental standards for what can often be a dreary and dislocated building type, the edge of town office.
Radiant star: these new headquarters for a German finance company are ... by The Architectural Review
Clearing banks may also implement an automated signature verification system or visual verification by comparing the image with the original signature card to determine authenticity of the client signature.
VSoft Corporation to Convert Philippine Clearing House to Check ... by Business Wire
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