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à/avec exécution déplacée

English translation: to be executed by another bank / forwarded order

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
French term or phrase:à/avec exécution déplacée
English translation:to be executed by another bank / forwarded order
Entered by: Lauren UK
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15:02 Aug 28, 2008
French to English translations [PRO]
Bus/Financial - Finance (general) / Bank transfers
French term or phrase: à/avec exécution déplacée
***I am re-posting this question as I received no answers earlier***

This appears in a Bank's General Terms and Conditions related to a money transfer service (using SWIFT) involving a Forwarding Bank and an Executing Bank.

The term is included in the definition of the Forwarding Bank:
Banque d'Acheminement: désigne la banque qui reçoit les ordres de paiement avec exécution déplacée et émet les messages Swift vers la Banque d'Exécution.

It also has its own clause in the Definitions section:
Ordre a exécution déplacée: désigne toute instruction de paiement adressée par la Banque d'Acheminement à la Banque d'Exécution en faveur d'un bénéficiaire.

Thank you in advance for your help.
Lauren UK
United Kingdom
Local time: 07:48
to be executed by another bank / forwarded order
Explanation:
Orders (requests for transfers) that are NOT à exécution déplacée are simply those that involve no forwarding and are executed by the bank that receives them.

The Swift rules & regs don't actually use the qualifier "forwarded" preceding "request" or "order", but they do use the verb to the same effect.

Of course, if you plug the second suggested term into the definition given, that definition becomes rather tautological. :-)
Selected response from:

rkillings
United States
Local time: 23:48
Grading comment
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4 KudoZ points were awarded for this answer

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Summary of answers provided
4to be executed by another bank / forwarded orderrkillings


Discussion entries: 3





  

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10 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
to be executed by another bank / forwarded order


Explanation:
Orders (requests for transfers) that are NOT à exécution déplacée are simply those that involve no forwarding and are executed by the bank that receives them.

The Swift rules & regs don't actually use the qualifier "forwarded" preceding "request" or "order", but they do use the verb to the same effect.

Of course, if you plug the second suggested term into the definition given, that definition becomes rather tautological. :-)


    Reference: http://www.swift.com/index.cfm?item_id=2427
rkillings
United States
Local time: 23:48
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 1140
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