South Asian ACU considers central clearing house

The Asian Clearing Union meeting in India has proposed the establishment of a central clearing house to facilitate faster risk-free clearing and settlement of transactions among member countries.

Source: The Daily Star

Central banks of South Asian countries, including Bangladesh, and Iran have proposed the establishment of a central clearing house to facilitate faster risk-free clearing and settlement of transactions among member countries of Asian Clearing Union (ACU).

The central clearing

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: