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oficina depositaria

English translation: depositary branch/office/bank

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)

Spanish term or phrase:	oficina depositaria
English translation:	depositary branch/office/bank
Entered by:	sarahca

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22:22 Oct 4, 2011

Spanish to English translations [PRO]
Bus/Financial - Finance (general)

Spanish term or phrase: oficina depositaria

This refers to the scrip issue of shares in Spain: The shareholders have the option to receive a dividend in cash or to receive newly issued shares.

"Para ejercitar cualquiera de las dos últimas, diríjase a la **oficina depositaria** de sus acciones."

Thanks!

sarahca KudoZ activity Questions: 436 (8 open) (48 closed without grading) Answers: 315
Local time: 21:14

custodian/depositary branch/office/bank

Explanation:
you could chose from branch/office/bank, depending on your context

The Depositary Receipt is issued by a depositary bank, when the underlying shares are deposited with the bank, usually by a broker who has purchased the shares in the open market (in the company’s home country).
http://train-srv.manipalu.com/wpress/?p=16687

Each DR is issued by a domestic depositary bank when the underlying shares are deposited in a foreign custodian bank, usually by a broker who has purchased the shares in the open market local to the foreign company.
http://en.wikipedia.org/wiki/American_Depositary_Receipt

a shareholder wishing to attend the Meeting, and whose shares are deposited with the Bank or other securities broker being a member of the Tel Aviv stock exchange
http://www.investegate.co.uk/articlePrint.aspx?id=2003100808...

If you are not in possession of the minimum number of shares, you can acquire the necessary rights to reach this amount, as and when these rights are listed on the Stock Market and the necessary order is given to the Custodian Bank.
http://www.mapfre.com/corporativo/accionistas/en/cinformativ...