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Abrufauftragsservice

English translation: (UK) BACS system


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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:Abrufauftragsservice
English translation:(UK) BACS system
Entered by: Charles Stanford
Options:
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23:32 Feb 28, 2005
German to English translations [PRO]
Bus/Financial - Finance (general)
German term or phrase: Abrufauftragsservice
Can anyone help please with "Abrufauftragsservice" - here is the definition = EDV-Dienstleistung, die eine elektronische Abwicklung von Zahlungen in unterschiedlicher Höhe und größerer Anzahl an einen gleichbleibenden Empfängerkreis bzw. Einzug von Forderungen im *Lastschrifteinzugsverkehr vorsieht. Der Abrufauftragsservice wird von Unternehmen und Einrichtungen ohne eigene EDV-Anlage in Anspruch genommen.
Charles Stanford
Czech Republic
Local time: 00:51
(UK) BACS system
Explanation:
This sounds like an excellent definition of what the BACS system does, i.e. automatically collecting payments from, and transferring payment to, the bank accounts of people who have signed an authorisation. If I remember what BACS stands for, I'll add it later. I think ACS is automated clearing services.

--------------------------------------------------
Note added at 10 hrs 7 mins (2005-03-01 09:40:00 GMT)
--------------------------------------------------

It\'s \"Bankers Automated Clearing Services\", though they probably mean Bankers\' Automated Clearing Services.
Selected response from:

Terry Moran
France
Local time: 00:51
Grading comment
have to go with Terry the Guru
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +1(UK) BACS systemTerry Moran
4Automated payment service provider
Gisela Greenlee
3call-off order service
Louise Gough
4 -1call order service
SwissTell
2clearing serviceAndrew Swift


Discussion entries: 1





  

Answers


10 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): -1
call order service


Explanation:
Abrufauftrag is a call order, no two ways about it. It ought to folow then ..... (see above)


    Reference: http://dict.leo.org
SwissTell
Local time: 18:51
Specializes in field
Native speaker of: Native in GermanGerman
PRO pts in category: 179

Peer comments on this answer (and responses from the answerer)
neutral  xxxJeffFish: leo isn't always right. And I couldn't find a single finance-related google hit...
10 mins
disagree  Terry Moran: What's that?
9 hrs
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16 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
call-off order service


Explanation:
Another possibility, based on European Logistics Association terminology.

Louise Gough
United Kingdom
Local time: 23:51
Native speaker of: English

Peer comments on this answer (and responses from the answerer)
neutral  xxxJeffFish: but this is finance, not logistics
3 mins
  -> Good point - I thought the same term might apply (as is sometimes the case), but wasn't sure.
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43 mins   confidence: Answerer confidence 2/5Answerer confidence 2/5
clearing service


Explanation:
Sounds like that's what they are offering.
Look at "clearing service" (26 kggl)and judge for yourself

Andrew Swift
United Kingdom
Local time: 23:51
Native speaker of: Native in EnglishEnglish
PRO pts in category: 189

Peer comments on this answer (and responses from the answerer)
neutral  xxxJeffFish: Your right on the kilogoogles, Andrew, but Clearing is fairly widespread in German as well, and common synonyms are Abrechnung and Verrechnung. And why the reference to a "constant group of recipients"?
13 mins
  -> Yes, Jeff. That's why it was a confidence level '2'. We await the results of your research...:-)
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5 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
Automated payment service provider


Explanation:
or just payment service provider/direct payment provider.
Just from the prospective of my years in banking, in the US there are many companies that provide mainly payroll direct deposit payment services, again for companies without their own inhouse system. It sounds to me as if this is similar to what the company is offering - it is for a set base of individuals/companies that are paid, the amount may vary and they offer direct debit or direct credit. The reason the base of recipients stays the same is because it is typically the employee base (you would need to add/delete employees), or the customer base (you of course add/delete customers), and so overall the base is the same on a monthly basis, plus or minus any adds/deletes.


Gisela Greenlee
Local time: 17:51
Native speaker of: Native in GermanGerman
PRO pts in category: 35
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9 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
(UK) BACS system


Explanation:
This sounds like an excellent definition of what the BACS system does, i.e. automatically collecting payments from, and transferring payment to, the bank accounts of people who have signed an authorisation. If I remember what BACS stands for, I'll add it later. I think ACS is automated clearing services.

--------------------------------------------------
Note added at 10 hrs 7 mins (2005-03-01 09:40:00 GMT)
--------------------------------------------------

It\'s \"Bankers Automated Clearing Services\", though they probably mean Bankers\' Automated Clearing Services.

Terry Moran
France
Local time: 00:51
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 123
Grading comment
have to go with Terry the Guru

Peer comments on this answer (and responses from the answerer)
agree  xxxsonja29
3 hrs
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