What does asian clearing union mean?

Definitions for asian clearing union
asian clear·ing union

This dictionary definitions page includes all the possible meanings, example usage and translations of the word asian clearing union.

Wikipedia

  1. Asian Clearing Union

    The Asian Clearing Union (ACU), with headquarters in Tehran, Iran, was established on December 9, 1974, at the initiative of the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP). The primary objective of ACU, at the time of its establishment, was to secure regional co-operation as regards the settlement of eligible monetary transactions among the members of the Union to provide a system for clearing payments among the member countries on a multilateral basis. In October 2013, Iran unveiled a plan suggesting that members of the union – Bangladesh, Bhutan, India, Maldives, Myanmar, Nepal, Pakistan, Sri Lanka and Iran – employ a home-grown system developed by the Central Bank of Iran to get around SWIFT called SEPAM in Persian.

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Numerology

  1. Chaldean Numerology

    The numerical value of asian clearing union in Chaldean Numerology is: 4

  2. Pythagorean Numerology

    The numerical value of asian clearing union in Pythagorean Numerology is: 6

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"asian clearing union." Definitions.net. STANDS4 LLC, 2024. Web. 29 Apr. 2024. <https://www.definitions.net/definition/asian+clearing+union>.

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