clearing bank

None of London's clearing banks have had such a problem.

Donations may be made across the counter at all clearing banks.

The clearing banks are important sources of short to medium term finance.

In the late 1960s it only applied to the clearing banks.

These factors, he argues, created a situation where many clearing banks were well placed to expand.

As with Scottish notes, clearing banks and building societies will accept them.

"We like the big retailers and some of the clearing banks, such as Lloyds."

They were quickly joined by other banks including the clearing banks in 1971.

There is nothing to stop you doing most of your business with your main clearing bank if the rates are competitive.

It would certainly be in the interest of the clearing banks were an alternative market to be formed.

This would then stimulate other institutions to change their rates too, in order for them to remain competitive with the clearing banks.

The UK clearing banks found themselves in a brave new world.

The following list shows the first two digits of the sort codes allocated to clearing banks.

Using the Post Office also provides us with more branches than all the other clearing banks put together.

In particular, the clearing banks ceased to tie their deposit and lending rates to it.

The clearing banks, in addition, hold at the Bank whatever operational balances they deem necessary.

Open market operations are made via the discount houses, but can also be conducted directly with the major clearing banks.

In the normal course employment in the main clearing Banks is a lifetime career.

The clearing banks are so called because they operate a central clearing house in London.

Lehman's was not a clearing bank holding depositors funds.

It plans to do the same for Lloyds Bank, the third of the four big clearing banks.

Clearing bank CDs form the most actively traded component of the market.

I understand that the clearing banks are now involved with several developments, not only through providing loans, but also by acting as trustees.

The clearing banks used to change their interest rates on advances and deposits automatically by the same amount that Bank rate changed.

Quite often it is the clearing banks which make the first move by announcing a base rate change before the Bank alters its intervention rates.