compte loro

English translation: loro account

08:58 Jan 28, 2004
French to English translations [PRO]
Bus/Financial - Finance (general) / banking
French term or phrase: compte loro
This is in a document on inter-bank transcations. I know ther term "loro account" is used in English - there are quite a few examples on Google, but I couldn't find any by UK or US banks.

My question is : Is the term "loro account" really used in English?
Mary Lalevee
United Kingdom
Local time: 12:05
English translation:loro account
Explanation:
Yes, for Euradicautom


Reference ISO/DIS 8908
(1)
TERM loro account

Reference ISO/DIS 8908;K 01-001 juin 1979

Note {DOM} banking and related financial services:vocab.and data elements
{USG} preferred term
Selected response from:

GILOU
France
Local time: 13:05
Grading comment
Thanks!
Mary
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +2loro account
GILOU


  

Answers


3 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +2
loro account


Explanation:
Yes, for Euradicautom


Reference ISO/DIS 8908
(1)
TERM loro account

Reference ISO/DIS 8908;K 01-001 juin 1979

Note {DOM} banking and related financial services:vocab.and data elements
{USG} preferred term


GILOU
France
Local time: 13:05
Native speaker of: Native in FrenchFrench
PRO pts in category: 71
Grading comment
Thanks!
Mary

Peer comments on this answer (and responses from the answerer)
agree  Abdellatif Bouhid: The account a correspondent bank, usually U.S. or UK, holds on behalf of a foreign bank. Also known as a loro account. www.investopedia.com/terms/v/vostroaccount.asp
5 hrs

agree  Iolanta Vlaykova Paneva
16 hrs
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