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  3. Law: Contract(s)

draw down on a letter of credit

Spanish translation: disponer con esta carta de crédito del 45% del valor del Contrato

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:draw down on this letter of credit as to 45% of the Contract price
Spanish translation:disponer con esta carta de crédito del 45% del valor del Contrato
Entered by: Marco Ramón

18:07 Nov 9, 2007
English to Spanish translations [PRO]
Law/Patents - Law: Contract(s) / Contract of Sale
English term or phrase: draw down on a letter of credit
Este es el contexto:

"Seller shall be entitled to **draw down on this letter of credit** as to 45% of the Contract price as described above upon delivery to the issuing bank of satisfactory evidence of shipment of the Equipment described...."

Gracias por vuestra ayuda!
Ines Izquierdo
Spain
Local time: 16:39
disponer del 45% del valor de esta carta de crádito
Explanation:
...o "retirar" 45%
http://www.google.com.mx/search?q=define: draw down&ie=utf-8...

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Note added at 1 hora (2007-11-09 19:40:58 GMT)
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perdón ... disponer con esta carta de crédito del 45% del valor del Contrato
Selected response from:

Marco Ramón
Mexico
Local time: 08:39
Grading comment
Gracias por tu ayuda, creo que es la opción más acertada.
4 KudoZ points were awarded for this answer



Summary of answers provided
5 +1disponer bajo el crédito documentario
transmidi
5utilizar una carta de crédito / un crédito documentario
raulruiz
5Hacer una disposición de una carta de crédito
Alejandra Garza
4 +1disponer de una carta de crédito
Rosa Jimenez
4disponer del 45% del valor de esta carta de crádito
Marco Ramón


  

Answers


6 mins   confidence: Answerer confidence 5/5
utilizar una carta de crédito / un crédito documentario


Explanation:
Precisamente has dado con mi especialidad cuando trabajaba en banca

raulruiz
Local time: 16:39
Specializes in field
Native speaker of: Spanish
PRO pts in category: 147
Login to enter a peer comment (or grade)

41 mins   confidence: Answerer confidence 5/5
Hacer una disposición de una carta de crédito


Explanation:
Draw down significa disponer del dinero del crédito para lo que se vaya usar.

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Note added at 42 mins (2007-11-09 18:49:57 GMT)
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También puedes poner 'Disponer una carta de crédito'.

Alejandra Garza
Mexico
Local time: 08:39
Works in field
Native speaker of: Native in SpanishSpanish
PRO pts in category: 8
Login to enter a peer comment (or grade)

43 mins   confidence: Answerer confidence 5/5 peer agreement (net): +1
disponer bajo el crédito documentario


Explanation:
"Seller shall be entitled to **draw down on this letter of credit** as to 45% of the Contract price

El Vendedor tendra derecho de disponer bajo este crédito documentario hasta 45 % del precio del Contrato

transmidi
Local time: 16:39
Native speaker of: Native in FrenchFrench
PRO pts in category: 4

Peer comments on this answer (and responses from the answerer)
agree  Tomás Cano Binder, BA, CT
2 days 19 hrs
  -> Gracias
Login to enter a peer comment (or grade)

1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
disponer de una carta de crédito


Explanation:
disponer de esta carta de crédito hasta 45% del precio acordado en el contrato

Rosa Jimenez
Dominican Republic
Local time: 10:39
Specializes in field
Native speaker of: Native in SpanishSpanish
PRO pts in category: 8

Peer comments on this answer (and responses from the answerer)
agree  Agustina Bello
3 hrs
  -> Gracias de nuevo, Agustina
Login to enter a peer comment (or grade)

1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5
disponer del 45% del valor de esta carta de crádito


Explanation:
...o "retirar" 45%
http://www.google.com.mx/search?q=define: draw down&ie=utf-8...

--------------------------------------------------
Note added at 1 hora (2007-11-09 19:40:58 GMT)
--------------------------------------------------

perdón ... disponer con esta carta de crédito del 45% del valor del Contrato

Marco Ramón
Mexico
Local time: 08:39
Specializes in field
Native speaker of: Native in SpanishSpanish
PRO pts in category: 16
Grading comment
Gracias por tu ayuda, creo que es la opción más acertada.
Login to enter a peer comment (or grade)



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