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Spanish to English translations [PRO]
Bus/Financial - Finance (general) | | Spanish term or phrase: Banco de Plaza | Can anybody shed light on what a "Banco de Plaza" is? We're not talking a garden bench here! We're talking about a guarantee from this type of bank and is in a draft contract for the supply of services.
"...por medio de una Garantía Bancaria Solidaria de un Banco de Plaza, o una Póliza de Seguros equivalente al 10%..."
It's in a document from Paraguay and I can find other documents with the same phrase, but none that explain what it is.... ideas anyone?
Thanks |
| | | Local bank | Explanation:
In general terms, a "banco de la plaza" is either a local branch (of a nationwide bank) in a given city (for the purposes of eventually charging a "fuera de plaza" comission), or in international terms, a local bank in the given country for the purposes you mention |
| Selected response from:
 juslar
| Grading comment I think all the answers given are applicable, but I prefer "Local Bank" as it can apply to local branches of international banks whereas domestic bank gives the impression of just a national bank... or so it seems to me.
Thanks
4 KudoZ points were awarded for this answer |
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| Discussion entries: 0 |
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Automatic update in 00:
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18 mins confidence:   peer agreement (net): +1
27 mins confidence: peer agreement (net): +5 Local bank
Explanation:
In general terms, a "banco de la plaza" is either a local branch (of a nationwide bank) in a given city (for the purposes of eventually charging a "fuera de plaza" comission), or in international terms, a local bank in the given country for the purposes you mention
| juslar
Specializes in field
Native speaker of:  Spanish
PRO pts in category: 52
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| | Grading comment I think all the answers given are applicable, but I prefer "Local Bank" as it can apply to local branches of international banks whereas domestic bank gives the impression of just a national bank... or so it seems to me.
Thanks |
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The translation workplace 
