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Carta irrevocable de pago

English translation: Irrevocable letter of payment or irrevocable letter of credit


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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:Carta irrevocable de pago
English translation:Irrevocable letter of payment or irrevocable letter of credit
Entered by: Telva Sosa
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00:30 Oct 11, 2007
Spanish to English translations [PRO]
Bus/Financial - Finance (general) / Bank instrument
Spanish term or phrase: Carta irrevocable de pago
a bank issues a written promise to pay an amount upon compliance with certain conditions, on behalf of a customer
Telva Sosa
Panama
Local time: 13:42
Irrevocable letter of payment or irrevocable letter of credit
Explanation:
If the beneficiary presents all documents necessary and stipulated in the letter of credit, the bank will pay and the issuer will have to honor the obligation to the bank as it is a non-revocable or irrevocable commitment.
Selected response from:

A. Patricia Pedraza
United States
Local time: 14:42
Grading comment
Thanks. It's the perfect translation.
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +1Irrevocable letter of payment or irrevocable letter of credit
A. Patricia Pedraza
3 +1Irrevocable payment receipt
Robert Copeland
4irrevocable receipt
Michael Powers (PhD)


Discussion entries: 1





  

Answers


15 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
irrevocable receipt


Explanation:
Mike :)

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Note added at 15 mins (2007-10-11 00:46:32 GMT)
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Oxford Business Spanish Dictionary

"carta de pago: receipt (confirming payment in full)"

Michael Powers (PhD)
United States
Local time: 14:42
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 585
Notes to answerer
Asker: I really appreciate the effort, but it is not the correct translation


Peer comments on this answer (and responses from the answerer)
neutral  jack_speak: but if it's a promise to pay? I'm confused by the question, to be honest.
12 mins
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16 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
Irrevocable payment receipt


Explanation:
ya

Robert Copeland
United States
Local time: 14:42
Specializes in field
Native speaker of: Native in EnglishEnglish, Native in SpanishSpanish
PRO pts in category: 95
Notes to answerer
Asker: I really appreciate the effort, but this is not the correct translation


Peer comments on this answer (and responses from the answerer)
agree  Nora Bellettieri
5 mins
  -> Gracias Nora!!!!

neutral  jack_speak: but if it's a promise to pay? I'm confused by the question, to be honest.
10 mins
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56 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
Irrevocable letter of payment or irrevocable letter of credit


Explanation:
If the beneficiary presents all documents necessary and stipulated in the letter of credit, the bank will pay and the issuer will have to honor the obligation to the bank as it is a non-revocable or irrevocable commitment.


A. Patricia Pedraza
United States
Local time: 14:42
Works in field
Native speaker of: Native in SpanishSpanish, Native in EnglishEnglish
PRO pts in category: 8
Grading comment
Thanks. It's the perfect translation.
Notes to answerer
Asker: Perfecto. Muchas gracias!


Peer comments on this answer (and responses from the answerer)
agree  MikeGarcia: The translation is OK and correct, because of the context's explanation, but the term "carta irrevocable de pago" is "acknowledgement of receipt", in Spain, Argentina and in practically all the spanish speaking world...
7 hrs
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