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stichting bewaarbedrijf

English translation: depository trust company / custodian company

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Dutch term or phrase:	stichting bewaarbedrijf
English translation:	depository trust company / custodian company
Entered by:	jarry

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15:19 Apr 23, 2009

Dutch to English translations [PRO]
Bus/Financial - International Org/Dev/Coop

Dutch term or phrase: stichting bewaarbedrijf

What I could find was this: here the translator didn't translate. But for the text I'm translating that doesn't seem an option..

http://www.fondsbloemendaal.nl/?menu=4&taal=EN

noamla KudoZ activity Questions: 44 (none open) (8 closed without grading) Answers: 20 Netherlands
Local time: 11:05

depository trust company / custodian company

Explanation:
The problem is that a "stichting", in effect a foundation, is not the same as a trust in the Anglo-Saxon sense, for which there is no equivalent under Dutch law ("Administratiekantoor" being the Dutch legal solution to such a trust).

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jarry
South Africa
Local time: 12:05

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Summary of answers provided

4 +2

depository trust company / custodian company

jarry

custodian foundation

Hasselt

Answers

22 mins confidence:

custodian foundation

Explanation:
What I have found until now seems to indicate that this is a specific name "Stichting bewaarbedrijf XX" and there are several of these in The Netherlands.
Having said this, the definition of a 'bewaarbedrijf' can be found at the indicated link. The closest I have found to this definition is custodian bank. See reference in wikipedia.

Reference: http://www.encyclo.nl/begrip/Bewaarbedrijf
Reference: http://en.wikipedia.org/wiki/Custodian_bank

Hasselt
Belgium
Local time: 11:05
Native speaker of: