CLSB

(redirected from Continuous Linked Settlement Bank)
AcronymDefinition
CLSBContinuous Linked Settlement Bank (New York, NY)
CLSBCayuga Lake Scenic Byway (New York)
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References in periodicals archive ?
TREND 4: THE RISE OF CONTINUOUS LINKED SETTLEMENT BANK
This measure had been undertaken to ease the introduction of the New Zealand dollar into Continuous Linked Settlement Bank's system and an associated decline in settlement and payment system problems during that period.
The move is designed to promote settlements of foreign exchange transactions through the Continuous Linked Settlement Bank (CLSB), which will be set up by about 60 banks around the globe with the aim of reducing risks due to time differences involved in such settlement transactions, they said.
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