clearing bank造句
What other functions does a clearing bank have except the above mentioned?
"This results in this sum in Canadian dollars being credited to clearing bank's account with a correspondent bank in Canada,"
Rex Mackay and Catherine Singer work in the international trade and banking division of a British clearing bank.
The clearing bank will also pay interest on the deposits from the participating Banks, which will in turn pay interest to their depositors.
This was recognised by John Maynard Keynes, who in the 1940s argued for a global clearing bank that would tax or even confiscate the excess earnings of surplus countries.
The British financial authorities also had two drills in the past year, one of which examined the impact on a British clearing bank of the failure in London of a foreign banking subsidiary.
"First, the clearing bank may offer protection for the traders if they need, and then finance for them. Since the bank has its own experts to deal with the foreign trade problem of its customers there is an infinite variety of services for them."
Article 12 The funds involving the return of money raised through issuance of RMB bonds by financial institutions within the territory of China as well as the repayment of principal and interests of bonds shall be transferred through the clearing bank for RMB business in Hong Kong.
Depositors are of special importance in the clearing banks.
Foreign banks, began to locate major branches in London to the detriment of the clearing banks.
There was a growing tendency for big business to bypass clearing banks in the lending and borrowing process.
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