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Banco Corresponsal

English translation: Suggested Local Correspondent Bank

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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
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

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Summary of answers provided
naCorresponding or correspondent bank
BEWright
nasuggested correspondent bankanac
naRecommended Correspondent BankYvette Camou
naSuggested Local Correspondent Bankzula
nacorrespondent bank
Yolanda Broad
naBanco Corresponsal/Banco Oferente Americano SugeridoCarol Strong


  

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
PRO pts in pair: 30
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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: 22:52
Native speaker of: English
PRO pts in pair: 668
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16 mins
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!

zula
Native speaker of: Native in SpanishSpanish
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
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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: 19:52
PRO pts in pair: 45
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54 mins
Corresponding or correspondent bank


Explanation:
From Dictionary of Business - Urrutia

BEWright
United States
Local time: 21:52
Native speaker of: Spanish
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1 hr
suggested correspondent bank


Explanation:
from Wileys Business Dictionary

anac
United States
Local time: 22:52
PRO pts in pair: 16
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