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Acronymfinder

What does CLS stand for?

CLS stands for Continuous Linked Settlement (banking)


This definition appears very rarely and is found in the following Acronym Finder categories:

  • Business, finance, etc.

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Other Resources:
We have 422 other definitions for CLS in our Acronym Attic

Samples in periodicals archive:

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.
Another important initiative is Google's adoption of Continuous Linked Settlement (CLS), which provides foreign-exchange settlement solutions and is backed by a consortium of financial institutions.