clearing bank
noun

a bank which clears cheques, especially one of the major UK high Street banks, specialising in usual banking business for ordinary customers, such as loans, cheques, overdrafts and interest-bearing deposits

Browse by Subjects
Bankers Automated Clearing Services
bank giro
clearing house
See All Related Terms »

investor protection
Expiration Time
debitable
integration
Canadian Dollar (CAN $ or CND)