English translation: centralized invoice clearing provider / central claims settling agencies
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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:
centralized invoice clearing provider / central claims settling agencies
German to English translations [PRO] Bus/Financial - Business/Commerce (general)
German term or phrase:Zentralregulierer
Excerpt from a factoring agreement:
Der Kunde verpflichtet sich, seine nach Abschluss des Factoring-Vertrages entstehenden Forderungen aus Warenlieferungen/Dienstleistungen gegen seine sämtlichen in- und ausländischen Kunden (Debitoren) fortlaufend und unverzüglich nach Rechnungserstellung XXX zum Kauf anzubieten. Die Anbietungspflicht des Kunden erstreckt sich außerdem auf sämtliche Forderungen gegen **Zentralregulierer**/Einkaufsverbände. Es dürfen nur solche Forderungen angeboten werden, auf die Lieferungen und Leistungen vollständig und ordnungsgemäß erbracht sind.
The client undertakes to offer its claims for goods deliveries/services against all its domestic and foreign clients (debtors) ensuing after the factoring agreement has been closed to FORTIS for purchase immediately and continuously after the invoice has been drawn up. Furthermore, the obligation to offer extends to all claims against **Zentralregulierer**/purchasing associations. Only those claims may be offered, for which deliveries and services have been wholly and correctly rendered.
Thank you very much Maria, there seem to be two terms. Centralized invoice clearing provider and central claims settling agencies, whereby the second option is used a bit more often. But thanks anyway. 4 KudoZ points were awarded for this answer
Maria Ferstl Malta Local time: 01:30 Native speaker of: German PRO pts in category: 4
Thank you very much Maria, there seem to be two terms. Centralized invoice clearing provider and central claims settling agencies, whereby the second option is used a bit more often. But thanks anyway.