Banco Corresponsal

English translation: Suggested Local Correspondent Bank

09:51 Feb 16, 2000

Spanish to English translations [PRO]
Bus/Financial

Spanish term or phrase: Banco Corresponsal

I have two phrases, and I would greatly appreciate help:
1. Banco Corresponsal Local Sugerido
2. Banco Oferente Americano Sugerido

The context has to do with financing a purchase of equipment.
Many thanks.

Robert R. Anderson

English translation:Suggested Local Correspondent Bank

Explanation:
1. Sugggested Local Correspondent Bank. The Correspondent Bank is one of the parties in a foreign trade transaction.
2. Suggested American Offering Bank.

I work in a bank and these are the terms we use.
Good luck!

Selected response from:

zula
Local time: 20:45

Grading comment

Thanks for answer BOTH my questions. Your experience in a bank is good enough for me as a reference.
Robert
4 KudoZ points were awarded for this answer

Summary of answers provided

Banco Corresponsal/Banco Oferente Americano Sugerido

Carol Strong (X)

correspondent bank

Yolanda Broad

Suggested Local Correspondent Bank

zula

Recommended Correspondent Bank

Yvette Camou

Corresponding or correspondent bank

BEWright

suggested correspondent bank

anac

Answers

10 mins

Banco Corresponsal/Banco Oferente Americano Sugerido

Explanation:
1: Correspondent bank. (Interbanking relationship, for example, an American bank that corresponds with an overseas bank to negotiate operations overseas and vice-versa)

2: The Suggested American Offering Bank: The bank that is offering to help close the deal.

Carol Strong (X)
PRO pts in pair: 30

12 mins

correspondent bank

Explanation:
From Termiium: English:Banking Financial Institutions correspondent banks s CORRECT,PLUR,STANDARDIZED DEF - Banks that have exchanged authorized signature lists and/or codes, and/or engaged in an exchange of services, and/or have an account or accounts with each other. s OBS - correspondent banks: Term and definition standardized by ISO

Reference: http://www.termium.com

Yolanda Broad
United States
Local time: 19:45
Native speaker of:

English
PRO pts in pair: 668

16 mins

Suggested Local Correspondent Bank

zula
Local time: 20:45
Native speaker of:

Spanish
PRO pts in pair: 12

Grading comment

Thanks for answer BOTH my questions. Your experience in a bank is good enough for me as a reference.
Robert

33 mins

Recommended Correspondent Bank

Explanation:
'Local' might not be needed in English. It's just about a recommended correspondent bank in the targeted area, not necessarily local.

Yvette Camou
Mexico
Local time: 16:45
PRO pts in pair: 45

54 mins

Corresponding or correspondent bank

Explanation:
From Dictionary of Business - Urrutia

BEWright
United States
Local time: 18:45
Native speaker of: Spanish

1 hr

suggested correspondent bank

Explanation:
from Wileys Business Dictionary

anac
United States
Local time: 19:45
PRO pts in pair: 16

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