German to English translations [PRO]
Bus/Financial - unspecified | | German term or phrase: Retrozession | A bank pays an asset management company Retrozessionen on customer assets transferred to the bank. It is paid as a % on brokerage, management, administration.
By the way, the text is in Swiss German.
It sounds like a commission but I wondered if there was a more specific term. |
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The translation workplace 
