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German to English translations [PRO]
Bus/Financial - Finance (general) / cash settlement/cash clearing | | German term or phrase: geldseitig | This constantly crops up in a translation on a new settlement system which now not only settles securities but takes care of the cash clearing side of things. having a spot of difficulties conveying 'geldseitig' in these two sentences:
Auch mit dem neuen Abwicklungsmodell wird geldseitig über die Zentralbank-Konten der Kunden bei der Deutschen Bundesbank abgewickelt.
Die Statistik in der Regulierungsliste wird geldseitig durch die Gesamtsumme der in der STD-Verarbeitung regulierten Geschäfte ergänzt.
Thanks in advance |
| | | cash instructions | Explanation:
"Cash instructions will continue to be settled via customers' central bank accounts with Deutsche Bundesbank once the new settlement model is implemented."
"Statistical data in the settlement list will be supplemented by information on cash instructions, as reflected by the aggregate of trades settled in STD."
Standard CCP terminology. |
| Selected response from:
 Ralf Lemster
Germany
Local time: 23:52
| Grading comment thanks ralf
4 KudoZ points were awarded for this answer |
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| Changes made by editors |
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| Aug 3, 2005 - Changes made by Natalie Wilcock: | | Field (specific) | (none) => Finance (general) |
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