Glossary entry (derived from question below)
Portuguese term or phrase:
CONTA DE ARRECADAÇÃO
English translation:
collection account
Added to glossary by
judith ryan
Oct 19, 2011 12:43
12 yrs ago
1 viewer *
Portuguese term
CONTA DE ARRECADAÇÃO
Portuguese to English
Bus/Financial
Finance (general)
Not sure if this is a Collection Account or if there is another name:
This is an agreement whereby the Bank will debit amounts from Client acounts and deposit them in the “Conta de Arrecadação” belonging to the payment intermediary, and from there they are deposited in the intermediary's checking account.
Thanks
This is an agreement whereby the Bank will debit amounts from Client acounts and deposit them in the “Conta de Arrecadação” belonging to the payment intermediary, and from there they are deposited in the intermediary's checking account.
Thanks
Proposed translations
(English)
4 +2 | collection account |
Georgia Morg (X)
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4 | COLLECT ACCOUNT |
Clauwolf
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Proposed translations
+2
55 mins
Selected
collection account
according to my dictionary
4 KudoZ points awarded for this answer.
Comment: "Thanks!"
14 mins
COLLECT ACCOUNT
:) Arrecadar = collect
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