Merchant and Clearing BanksForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › Merchant and Clearing BanksThis topic has 1 reply, 2 voices, and was last updated 7 years ago by John Moffat.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts May 7, 2017 at 5:42 pm #385230 rustamrakhmatov27MemberTopics: 156Replies: 127☆☆☆Whats the difference between Merchant, Central and Clearing banks? May 7, 2017 at 7:51 pm #385248 John MoffatKeymasterTopics: 57Replies: 54551☆☆☆☆☆Clearing banks are the normal banks that we all use.Merchant banks are there mainly to help large companies raise finance (helping with share issues etc.)Central banks are the banks to the relevant government that help the government raise finance,and regulate the other banks.AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In