cursar protestas

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23:53 Mar 15, 2018
Spanish to English translations [PRO]
Bus/Financial - Law (general)
Spanish term or phrase: cursar protestas
This is from a power of attorney granted to a person representing a company with the broadest powers to do anything the company (or Cooperative) needs.


Representar a la Cooperativa ante las Administraciones de Aduanas y cualesquiera oficinas y dependencias oficiales, en orden a toda clase de importaciones y exportaciones y, a tal fin, realizar los actos y gestiones que procedan; presentar y suscribir solicitudes, gestiones que procedan; presentar y suscribir solicitudes, declaraciones, guías y cuantos escritos y documentos sean menester, para desempeñar debidamente su cometido; cursar protestas, hacer depósitos e ingreso de cualesquiera sumas; entablar reclamaciones contra las liquidaciones que se practiquen y solicitar que se devuelvan las cantidades indebidamente satisfechas.
Donovan Libring
Local time: 12:56

Summary of answers provided
3give notification of protests [of negotiable instruments]
Robert Carter



35 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
give notification of protests [of negotiable instruments]

It's referring to the "protest" of a bill of exchange or promissory note, so I think you could express it like this (I would keep the "of negotiable instruments" part). I believe "cursar" refers to the action of informing the parties concerned that the bill/note has been "protested".

Another possibility might be "send protested negotiable instruments to their drawers or endorsers".

2. Documentary credit: Formal statement by a notary public that a negotiable instrument (such as a bill of exchange) has been dishonored by non-acceptance or non-payment. This statement is addressed to all parties to the instrument, and serves as the basis for initiating legal proceeding against the offender.

A formal declaration whereby a person expresses a personal objection or disapproval of an act. A written statement, made by a notary, at the request of a holder of a bill or a note that describes the bill or note and declares that on a certain day the instrument was presented for, and refused, payment.
A protest is generally made to save some right that would be waived unless a negative opinion was expressly voiced. Taxes are often paid under protest, an action by which a taxpayer reserves the right to recover the amount paid if he has sufficient evidence to prevail.
The document states the reasons for the refusal and provides for the notary to protest against all parties to the instrument declaring that they can be held liable for any loss or damages. A notice of protest is given by the holder of the instrument to the drawer or endorser of the instrument.

Robert Carter
Local time: 05:56
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 860

Peer comments on this answer (and responses from the answerer)
neutral  Sandro Tomasi: Not sure about “protest” (due to my limited knowledge in this area), but what about “lodge protests” for cursar protestas. // O.K. Would “serve” work? Or “give protest notifications.”
14 hrs
  -> Hi Sandro. Yes, I'm not quite sure of the wording myself, but I don't think it means "lodge", it's to do with notifying the debtor that the "protest" has been made, i.e., stating that payment was refused.//Yes, perhaps "serve notice of protests"? Thx.
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