noun
Financial institution that settles transactions between banks or exchanges. Also used in a broader sense for any intermediary that processes and routes information or goods.
銀行間の決済は交換所を通じて行われる。
Interbank settlements are processed through the clearing house.
noun
currency exchange; bureau de change
Place where foreign currency can be exchanged, similar to 両替所. Often used in travel contexts.
空港の交換所でドルを円に替えた。
I exchanged dollars for yen at the airport currency exchange.
Compound of 交換 (exchange) + 所 (place). The term is transparently derived from its components.