bank kliring

Indonesian

Etymology

Compound of bank +‎ kliring (clearing).

Pronunciation

  • IPA(key): /ˌbank ˈkli.riŋ/, [ˌbank̚ ˈkli.rɪŋ]

Noun

bank kliring (plural bank-bank kliring)

  1. (banking, finance) clearing bank: any of a network of banks that have a formal arrangement for the exchange of cheques, drafts, etc

Further reading

  • Bunbunan E. J. Hutampea; Soemarso S. R.; Jan Hoesada; Indriani Eko Yulianto; Meity Taqdir Qodratillah; T. B. Gultom (1993), Kamus Keuangan [Dictionary of Finance] (in Indonesian), Jakarta: Pusat Pembinaan dan Pengembangan Bahasa, Departemen Pendidikan dan Kebudayaan, →ISBN, page 5:bank kliring