Definition of Inclearer

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TeachMeFinance.com - explain Inclearer




historic definition...

Inclearer -- The name given to the clerk in a bank in Great Britain who receives at the clearing house items, (checks, drafts, etc.) to be collected from his bank and who makes a record of them and strikes the balance at the clearing house between the debits and credits of his bank. Also see Outclearer.


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