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traspaso, transferencia

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19:50 Nov 26, 2008
Spanish to English translations [PRO]
Bus/Financial - Finance (general)
Spanish term or phrase: traspaso, transferencia
I was said that "traspaso" means "internal transfer" and "transferencia" means simply "transfer". Am I right?

"Traspaso" would be to move money between two different bank accounts held by the same accountholder.

"Transferencia" would be move money between two different bank accounts held by a different accountholder each.

Is this correct?

Please, suggestions and comments. Any other possible translations?
Raul Martin
Spain
Local time: 05:19
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Summary of answers provided
5 +1transfer
Luz Bordenkircher
5transfer (or ¨wire¨ = informal use with online banking)
Ronald van der Linden
5account to account / bank to bank transfer
William Pairman
4to move currency from one bank to another | to move currency between accounts.
Gilberto Diaz Castro
3Intra-bank transfer / interbank transfer
Andy Watkinson
Summary of reference entries provided
Definición de Traspaso y Transferencia
Margarita Ezquerra (Smart Translators, S.L.)

Discussion entries: 2





  

Answers


23 mins   confidence: Answerer confidence 5/5 peer agreement (net): +1
transfer


Explanation:
In both cases the word "transfer" is used

The account holder authorises Citibank to act on telephone, facsimile and written instructions to transfer funds between all accounts held by the account holder with Citibank provided they are in the same name, and can be operated by the same signatories.

Option 2

The account holder authorises Citibank to act on written or facsimile instructions to transfer funds to third parties nominated below
(including by bank cheques, bank drafts and telegraphic transfers)



Luz Bordenkircher
Local time: 23:19
Specializes in field
Native speaker of: Native in EnglishEnglish, Native in SpanishSpanish

Peer comments on this answer (and responses from the answerer)
agree  Ronald van der Linden
75 days
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47 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
Intra-bank transfer / interbank transfer


Explanation:
As used in Spain, your definitions are correct.

Most (though not all) banks and "cajas" use traspaso to refer to transfers between the accounts of the same accountholder or between different accountholders of the same bank.

While transferencia is used when transferring from one bank (or caja) to another.

One possible solution is to alternative "intra" and "inter" to refer to this.

Andy

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Note added at 49 mins (2008-11-26 20:39:51 GMT)
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to alternate - not "alternative", evidentemente.

Andy Watkinson
Spain
Local time: 05:19
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 88
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1 hr   confidence: Answerer confidence 5/5
account to account / bank to bank transfer


Explanation:
Traspaso: Account to account transfer


Account to Account Transfer Service
- [ Traducir esta página ]
The Account to Account transfer solution enables a consumer to open new accounts within a financial institution or to add funds incrementally to existing ...
www.paymentdata.com/v2/account2account.htm - 19k - En caché - Páginas similares
#
Payments News: CashEdge Reports Account-to-Account Transfer ...
- [ Traducir esta página ]
28 Jan 2008 ... CashEdge has announced that it executed more than $38 billion in account-to- account transfers in 2007 - "a 300% percent increase over 2006 ...
www.paymentsnews.com/2008/01/cashedge-report.html - 80k - En caché - Páginas similares
#
World of Warcraft - English (NA) Forums -> Account-To-account ...
- [ Traducir esta página ]
0. Account-To-account transfer problem 04/10/2008 10:35:25 PM PDT ... account does not meet the requirements for an account to account transfer. ''. ...
forums.worldofwarcraft.com/thread.html;jsessionid=7520CDEEA3BD503148D290E54706... - 66k - En caché - Páginas similares
# [PDF]
Account to Account Transfer: Another reason to love online banking.
- [ Traducir esta página ]
Formato de archivo: PDF/Adobe Acrobat - Versión en HTML
And now, BillPayer offers you account to account transfer. Q: What is account to account transfer? A: Account to account transfer enables you to ...
www.ascentra.org/home/fiFiles/static/documents/AccountTrans... - Páginas similares
#
Against account to account transfer of WoW
- [ Traducir esta página ]
2 Nov 2006 ... I would like to speak out against the paid transfer of characters between accounts on world of warcraft. I havc copied this statment from ...
www.petitionspot.com/petitions/wowagainst - 25k - En caché - Páginas similares
# [PDF]
Account to Account Transfer Service
- [ Traducir esta página ]
Formato de archivo: PDF/Adobe Acrobat - Versión en HTML
Account to Account transfer service is a payment service provided by Qatar National. Bank (QNB) upon request from an account holder paying for e-Services ...
https://portal.www.gov.qa/wps/scfiles/ar/QNBDirectDebit.pdf - Páginas similares

and 7500 similar

Transferencia: Bank to bank transfer

#
Scotiabank - Bank-to-Bank Transfer Service
- [ Traducir esta página ]
Use our Bank-to-Bank Transfer service to move your money from your other Financial Institution into your Scotia Power Savings Account™ or Money Master® ...
scotiabank.com/cda/content/0,1608,CID5327_LIDen,00.html - 31k - En caché - Páginas similares
#
Bank Transfer Details
- [ Traducir esta página ]
LU Bank Details for Bank To Bank Transfer :. Barclays Bank. Bishop Meadow Road. Loughborough. LE11 5RB. Sort Code: 20-52-69. Account Number: 50682047 ...
www.lboro.ac.uk/admin/elsu/btd.htm - 2k - En caché - Páginas similares
# [PDF]
BANK TO BANK TRANSFER For any students who cannot use any of the ...
- [ Traducir esta página ]
Formato de archivo: PDF/Adobe Acrobat - Versión en HTML
payments, it is possible to make a Bank to Bank transfer. However,. the fees must:. be paid in full in one transaction. be paid in pounds (£) Sterling ...
www.liv.ac.uk/feespayment/tuition/BANK_TO_BANK_TRANSFER_TUI... - Páginas similares
# [PDF]
NOTIFICATION OF PAYMENT BY BANK TRANSFER
- [ Traducir esta página ]
Formato de archivo: PDF/Adobe Acrobat - Versión en HTML
Bank to bank transfer is a relatively simple way of transferring funds and you may wish to use this method for all payments to. the University. ...
www.bcu.ac.uk/downloads/international_students/Notification... - Páginas similares
# [PDF]
notification of bank transfer
- [ Traducir esta página ]
Formato de archivo: PDF/Adobe Acrobat - Versión en HTML
Bank to Bank transfer is a simple way of transferring funds. You may wish to use this for ... When paying your tuition fees by Bank to Bank Transfer: ...
www.gla.ac.uk/media/media_84149_en.pdf - Páginas similares
# [PDF]
Bank-to-Bank Transfer Service Agreement
- [ Traducir esta página ]
Formato de archivo: PDF/Adobe Acrobat - Versión en HTML
additional terms and conditions governing the Bank-to-Bank Transfer Services ... By using the Bank-to-Bank Transfer Service you agree to abide by the ...
www.eastwestbank.com/English/pdf/OnlineBanking-BanktoBankAg...

and 146,000 more

To simplify you could also use Account transfer / bank transfer, although these fuller versions are a lot clearer

William Pairman
Spain
Local time: 05:19
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 20
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4 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
to move currency from one bank to another | to move currency between accounts.


Explanation:
At least that is the way my bank calls them. You have the terms backwards.

--------------------------------------------------
Note added at 5 mins (2008-11-26 19:55:56 GMT)
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http://www.spanishdict.com/translate/traspaso

http://www.spanishdict.com/translate/transferencia

--------------------------------------------------
Note added at 1 hr (2008-11-26 21:22:33 GMT)
--------------------------------------------------

Traspaso = transfer ownership
transferencia = between accounts in the same bank.

http://www.bankofamerica.com/onlinebanking/index.cfm?templat...

Gilberto Diaz Castro
United States
Local time: 23:19
Works in field
Native speaker of: Native in EnglishEnglish, Native in SpanishSpanish
PRO pts in category: 8
Notes to answerer
Asker: Got it, Andy. In Spain, we use the terms like this.


Peer comments on this answer (and responses from the answerer)
neutral  Andy Watkinson: I'm not so sure the asker has "the terms backwards". These are how they are used in the asker's location: Spain.
44 mins
  -> Hmmmm... True the asker is in Spain, where is the client from? The references provided show what a major dictionary describes them as.
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75 days   confidence: Answerer confidence 5/5
transfer (or ¨wire¨ = informal use with online banking)


Explanation:
If you are asking this question on a private banking level, then the only term that you should use transfer. e.g. He transfered the money to his savingsaccount. It doesn´t matter if you are transfering money within the same bank or to another bank.

Informal: the term ´wire money´ is also used, especially in American English. Mostly when using online banking.

When you are talking about this topic on a banklevel, then vocabulary such as inter/intra banking are more specific and necessary to be used.

There is also such a thing as ´third-party transfer´, where you transfer money from John´s account at bank X to Marie´s account at bank X.

Now that most banking happens online, people will use the word ´deposit´, meaning transfer (if we´re talking about saving money) or paying the phone bill.

It all depends on context and in what country the translation will be used. I just saw an Indian bank using the term ´inter bank transfer´, but HSBC UK only uses ´transfer´...

Ronald van der Linden
Mexico
Local time: 22:19
Works in field
Native speaker of: Native in DutchDutch, Native in EnglishEnglish
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Reference comments


14 hrs peer agreement (net): +1
Reference: Definición de Traspaso y Transferencia

Reference information:
Traspaso de efectivo: Traspaso de dinero entre cuentas de un mismo titular, situadas en entidades distintas, que se formaliza mediante una orden dada por el cliente a la entidad que ha de recibir el dinero, ...
http://www.bde.es/clientebanca/infoweb/glosario/glosat.htm


Transferencia: Traspaso de fondos ordenado por un cliente desde su cuenta a la de un beneficiario (en la misma u otra entidad bancaria). Esta operación comporta normalmente el cobro de una comisión por parte de la entidad.
http://www.bde.es/clientebanca/infoweb/glosario/glosat.htm

Margarita Ezquerra (Smart Translators, S.L.)
Spain
Specializes in field
Native speaker of: Native in SpanishSpanish
PRO pts in category: 994

Peer comments on this reference comment (and responses from the reference poster)
agree  Ronald van der Linden
75 days
  -> Gracias Ronald
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