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conto corrente non bancario

English translation: non-bank current account


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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Italian term or phrase:conto corrente non bancario
English translation:non-bank current account
Entered by: Ivana UK
Options:
- Contribute to this entry
- Include in personal glossary

17:32 Jan 11, 2006
Italian to English translations [PRO]
Bus/Financial - Finance (general) / cash pooling
Italian term or phrase: conto corrente non bancario
rapporti di conto corrente non bancario

il pooler regola con le rispettive società del gruppo (consociate), la gestione dei movimenti dei saldi attivi e passivi che transitano sul pool account, tramite rapporti di conto corrente non bancario (o definito anche interaziendale).


Best I’ve come up with so far is account with another institute that isn’t a bank, but that runs off the page.
Any ideas?
Thanks.
Jo Macdonald
Spain
Local time: 14:39
non-bank current account
Explanation:
... singapore, features of bank and non- bank , financial institution, opening bank account in ... either: (i) balance payments "current account"; (ii) current account plus certain long ...

www.cuentabancariasuiza.com.ar/openaswissbankaccountoffshor...

Current account deficits in Australia have been caused when increases in the ... borrowings of. non-bank financial institutions do not have any effect on the current account deficit ...

www.pcug.org.au/~leigh/papers/paper1.pdf



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Note added at 47 mins (2006-01-11 18:20:17 GMT)
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Non-Bank (Definition):


A non-bank or a non-bank bank, is a financial institution that provides banking services without meeting the legal definition of a bank, i. e. one that does not hold a banking license. Operations are, regardless of this, still exercised under financial supervision.

Non-bank institutions frequently acts as suppliers of loans and credit facilities, however they are typically not allowed to take deposits from the general public and have to find other means of funding their operations such as issuing debt instruments.

http://www.investordictionary.com/definition/Non-bank.aspx



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Note added at 48 mins (2006-01-11 18:20:50 GMT)
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eg. Tescos
Selected response from:

Ivana UK
United Kingdom
Local time: 13:39
Grading comment
Thanks to everyone for your feedback. I would give you all point if I could. ;-)
I eventually ended up using intercompany accounts/accounting as I found this later on in the doc “tramite rapporti di conto corrente non bancario (o definito anche interaziendale).” There are quite a few references to that online too.
Jo


4 KudoZ points were awarded for this answer



Summary of answers provided
3 +2non-bank current account
Ivana UK
3non-bank account
tyx
1cash pooling account
Ziad Marzouka


  

Answers


11 mins   confidence: Answerer confidence 1/5Answerer confidence 1/5
cash pooling account


Explanation:
Just a guess


    Reference: http://www.studioantonioferro.it/circolari1.html
Ziad Marzouka
Local time: 15:39
Works in field
Native speaker of: Arabic
PRO pts in category: 3
Login to enter a peer comment (or grade)

42 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
non-bank account


Explanation:
Hello, Jo- medium confidence as this term sounds familiar, but not sure if it fits 100%...
Acceptable number of hits on the web, though.


tyx
Login to enter a peer comment (or grade)

44 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +2
non-bank current account


Explanation:
... singapore, features of bank and non- bank , financial institution, opening bank account in ... either: (i) balance payments "current account"; (ii) current account plus certain long ...

www.cuentabancariasuiza.com.ar/openaswissbankaccountoffshor...

Current account deficits in Australia have been caused when increases in the ... borrowings of. non-bank financial institutions do not have any effect on the current account deficit ...

www.pcug.org.au/~leigh/papers/paper1.pdf



--------------------------------------------------
Note added at 47 mins (2006-01-11 18:20:17 GMT)
--------------------------------------------------

Non-Bank (Definition):


A non-bank or a non-bank bank, is a financial institution that provides banking services without meeting the legal definition of a bank, i. e. one that does not hold a banking license. Operations are, regardless of this, still exercised under financial supervision.

Non-bank institutions frequently acts as suppliers of loans and credit facilities, however they are typically not allowed to take deposits from the general public and have to find other means of funding their operations such as issuing debt instruments.

http://www.investordictionary.com/definition/Non-bank.aspx



--------------------------------------------------
Note added at 48 mins (2006-01-11 18:20:50 GMT)
--------------------------------------------------

eg. Tescos

Ivana UK
United Kingdom
Local time: 13:39
Specializes in field
Native speaker of: Native in EnglishEnglish, Native in ItalianItalian
PRO pts in category: 303
Grading comment
Thanks to everyone for your feedback. I would give you all point if I could. ;-)
I eventually ended up using intercompany accounts/accounting as I found this later on in the doc “tramite rapporti di conto corrente non bancario (o definito anche interaziendale).” There are quite a few references to that online too.
Jo


Peer comments on this answer (and responses from the answerer)
agree  Jean Martin
13 hrs

agree  Cristina Chaplin
2 days2 hrs
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