bank clearance

Bank Clearance Meaning in Bengali

Bank clearance, ব্যাংক ক্লিয়ারেন্স, refers to the process of verifying and settling financial transactions between banks. It is an essential step to ensure the smooth transfer of funds from one account to another.

Part of Speech

Bank clearance is a noun phrase.

Pronunciation

(bank clearance) [bæŋk klɪərəns]

Nearby Words

  • Bank account (noun) – ব্যাংক হিসাব
  • Transaction (noun) – লেনদেন
  • Deposit (noun) – আমানত
  • Withdrawal (noun) – উত্তোলন
  • Balance (noun) – হিসাব বরাদ্দ

Bank Clearance Synonyms

  • Clearing – ক্লিয়ারিং
  • Settlement – বিচার
  • Validation – বৈধতা
  • Authorization – অনুমোদন
  • Confirmation – নিশ্চিতকরণ
  • Approval – অনুমোদন

Origination of Bank Clearance

The concept of bank clearance originated with the growth of banking systems and the need for secure and efficient financial transactions. It ensures that funds are transferred accurately and promptly between accounts.

Antonyms

  • Hold – ধারণ করা
  • Delay – বিলম্ব
  • Rejection – প্রত্যাখ্যান
  • Disapproval – অননুমোদন
  • Obstruction – বাধা

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