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clearing bank

Noun CEFR B2

Definitions

Any of a network of banks that have a formal arrangement for the exchange of cheques, drafts, etc.

Equivalents

2 more languages
Gaeilgebanc imréitithe
Bahasa Indonesiabank kliring

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
See all B2 English words →

See also

clearing house clearing nut clearing saw clearing station Clearinghouse Clearings

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