The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

BANKERS Definition & Legal Meaning

Definition & Citations:

In the United Kingdom, a CLEARING system designed for check and credit clearing, retail payments, standing orders, and direct debits. See also CLEARINGHOUSE AUTOMATED PAYMENT SYSTEM (CHAPS).


This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.