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adiantamento de contrato de câmbio

English translation: cash advance on the exchange contract

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Portuguese term or phrase:adiantamento de contrato de câmbio
English translation:cash advance on the exchange contract
Entered by: Robert INGLEDEW
Options:
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21:42 Aug 8, 2002
Portuguese to English translations [PRO]
Bus/Financial
Portuguese term or phrase: adiantamento de contrato de câmbio
,
xxxHoggelen
cash advance on the exchange contract
Explanation:
or against the (foreign) exchange contract.

I suppose that with the guarantee of a Letter of Credit, a cash advance is granted by the bank, or by some other institution.

That is what I understand. Peer opinions, please.
Selected response from:

Robert INGLEDEW
Argentina
Local time: 07:52
Grading comment
Graded automatically based on peer agreement. KudoZ.
4 KudoZ points were awarded for this answer

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Summary of answers provided
5 +2cash advance on the exchange contract
Robert INGLEDEW


  

Answers


8 mins   confidence: Answerer confidence 5/5 peer agreement (net): +2
cash advance on the exchange contract


Explanation:
or against the (foreign) exchange contract.

I suppose that with the guarantee of a Letter of Credit, a cash advance is granted by the bank, or by some other institution.

That is what I understand. Peer opinions, please.

Robert INGLEDEW
Argentina
Local time: 07:52
Native speaker of: Native in EnglishEnglish, Native in SpanishSpanish
PRO pts in pair: 307
Grading comment
Graded automatically based on peer agreement. KudoZ.

Peer comments on this answer (and responses from the answerer)
agree  xxxamg: amg
17 mins
  -> Thank you, amg.

agree  Steve Smith: hard to do better with no context!
37 mins
  -> Thank you, Steve.
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