GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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16:10 Aug 28, 2001 |
Spanish to English translations [PRO] Bus/Financial | |||||||
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| Selected response from: David Meléndez Tormen Chile | ||||||
Grading comment
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Summary of answers provided | ||||
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na +4 | Protest |
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Protest Explanation: Just an example: "17. PROTEST - Check "Protest" (specify "for nonpayment" or for "non-acceptance," depending on the type of draft attached - see instruction, Field 15) if you wish the correspondent bank to process written, notarized documentation in event that the Buyer refuses to pay or accept the Draft. Additional Bank expenses associated with a protest are usually charged to the Seller." http://www.unzco.com/basicguide/figure12.html Good luck! Dicc. Marina Orellana |
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