Glossary entry

German term or phrase:

SWIFT-Gegenorder

English translation:

balancing SWIFT transfer

Added to glossary by Alexander Schleber (X)
Jul 18, 2001 01:51
23 yrs ago
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German term

SWIFT-Gegenorder

German to English Bus/Financial Finance (general)
Erforderliche SWIFT-Gegenorder (falls Eingabe über Bildschirmmaske) von XY:
Proposed translations (English)
0 balancing SWIFT transfer
0 SWIFT counterorder

Proposed translations

1 hr
Selected

balancing SWIFT transfer

The "erforderlich" (required) in your context makes me feel that they are not talking about a "cancellation" of a SWIFT transfer, but rather the receipt of a balancing transfer to cover the order.

HTH
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4 KudoZ points awarded for this answer. Comment: "Thanks a lot! :))"
27 mins

SWIFT counterorder

Cancellation of transfer of monies through the SWIFT system.
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