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Explanation: 1.Clearing = is for exchanging cheques between banks.
2.Bater = is for exchange of goods no cash involved
3.Exchange = is for securities
4.Redemption = is for changing securities for cash
5 Conversion = is for exchange of currencies
In your context I would say: "cheques en canje" = "cheques in clearing"
Baruch Avidar Israel Local time: 09:07 Works in field Native speaker of: English, Spanish PRO pts in category: 4