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Glossary   >   C   >   "Credit clearing" Definition            Credit clearing A system for the distribution of bank giro credits and other credits between banks to enable funds to be transferred into specified accounts. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Credit clearing - A system for the distribution of bank giro credits and other credits between banks to enable funds to be transferred into specified accounts.