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11:51 Apr 29, 2000
English to Spanish translations [PRO] Bus/Financial
English term or phrase:settling funds to a bank in Panama
Also: chargeback and holdover, these have to do with credit card transactions.
Explanation: settling funds=fondos de compensación. Most of the transaction payments are conducted this way among financial institutions.
chargeback=contracargo, in the settlement process.
Explanation: Con respecto a chargeback y holdover estoy de acuerdo con Alex Padres.
En el caso de settling funds, creo que es conveniente ver la frase/contexto donde se utiliza, ya que pudiese ser que se refiera a "fondos domiciliados en..." o " fondos conciliados por..."