Glossary A B C D E F G H I J K L M
N O P Q R S T U V W X Y Z

Clearing

In banking terms, clearing refers to the process of settling all transactions between financial institutions. Clearing is a way of simplifying the arduous task of settling millions of transactions on any given day. It ensures that both sides of the transaction are completed smoothly, and it helps to create an efficient market system for banking and investments alike.

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European Merchant Bank UAB is licensed by European Central Bank (License No. 3)
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Bloomberg Dealing Code: EUEB
2020 Copyright © European Merchant Bank UAB. All rights reserved.
European Merchant Bank UAB is licensed by European Central Bank (License No. 3)
Swift BIC: EUEBLT22
Bloomberg Dealing Code: EUEB