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Spanish to English translations [PRO] Bus/Financial - Finance (general) / Bank account contract | | Spanish term or phrase: Gestion de cobor o descuento | | This is the beginning of one of the clauses for the bank account contract (Navarra in Spain). Following this it reads; se conviene que para el caso que el titular entregue o ceda a (nombre del banco) documentos de gestion de cobro o descuento, para su abono en la cuenta, el titular autoriza a la entidad en que se encuentra domiciada el pago de los documentos cedidos para que, actuando por su cuenta e interes, requiera el pago a los obligados que resulten por razon de dichos documentos para el caso de que estos resultasen impagados, facultando asimismo, a cualquiera de las entidades anteriores para que facilite informacion a prestadores de servicios sobre solvencia patrimonial y credito, en relacion al los incumplimientos relativos a los documentos cedidos. |
| | | management/administration of collections and discounting | Explanation: a
-------------------------------------------------- Note added at 36 mins (2006-09-03 10:41:34 GMT) --------------------------------------------------
I believe that discounting is referring to the discount the bank takes off an invoice when it collects it for a customer - as its fee for collections. |
| Selected response from:
 Ronnie McKee Spain Local time: 20:24
| Grading comment | 4 KudoZ points were awarded for this answer |
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| Discussion entries: 0 |
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28 mins confidence:  peer agreement (net): +1
6 hrs confidence:  [delivers documents] for collection or discount
Explanation: PDF] General Terms and Conditions Version 2003 General Provisions I ...File Format: PDF/Adobe Acrobat - View as HTML
V. COLLECTION, DISCOUNT BUSINESS, BILL OF EXCHANGE AND CHEQUE. OPERATIONS ... In principle, the bank shall accept such documents for collection unless ...
www.raiffeisen.at/.../0,7135,1036185143177-NA-1686445566805... - Similar pages
[PDF] General Terms and Conditions General ProvisionsFile Format: PDF/Adobe Acrobat - View as HTML
V. COLLECTION, DISCOUNT. BUSINESS, BILL OF EXCHANGE. AND CHEQUE OPERATIONS ... documents for collection unless negotiation (discounting) ...
www.raiffeisen.at/.../0,7135,1016407249002-NA-2449358051522... - Similar pages
The Exporters PocketbookDocuments for collection, Cash on Delivery (COD) ... DISAGGIO - subsidy paid as a commission / discount by the exporter to a broker responsible for ...
samvak.tripod.com/exporter.html - 144k - Cached - Similar pages
Citizen Tool holder... to 2% above the discount rate of the German Federal Bank will be imposed. ... to provide us with the necessary information and documents for collection. ...
parts.citizen.de/index.php4?Sprache=en&ViewPage=en_agb.html - 21k - Cached - Similar pages
PDF] Export Credit InsuranceFile Format: PDF/Adobe Acrobat - View as HTML
EXIM Thailand insures transaction and send documents for discount. or collection (EXIM Thailand or other commercial banks). PH must notifies EXIM Thailand’s ...
www.exim.go.th/eng/services/documents/ExportCreditInsurance... - Similar pages
| Marian Greenfield Local time: 14:24 Specializes in field Native speaker of: English PRO pts in category: 1524
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