Glossary entry (derived from question below)
Spanish term or phrase:
Centros de Compensación
English translation:
clearing houses
Added to glossary by
MPGS
Jun 5, 2014 11:15
10 yrs ago
Spanish term
Spain
Fast, accurate business & law specialist
Native in: English 
Works in: Spanish to English
Centros de Compensación
Spanish to English
Bus/Financial
Finance (general)
LED lighting
From a contract for a debit card (from a Spanish bank)
Para las operaciones realizadas en el extranjero, la Banca repercutirá al Titular el contravalor en euros de la divisa en que se formalizó la operación, aplicándose los tipos de cambio vigentes en el momento ***en que se satisfagan los importes por los diferentes Centros de Compensación o intercambio***.
I've often seen Centros de Compensación as "clearing houses" - does this simply mean "covering the amount charged by the clearing houses" or is there something more to this I'm not seeing?
Para las operaciones realizadas en el extranjero, la Banca repercutirá al Titular el contravalor en euros de la divisa en que se formalizó la operación, aplicándose los tipos de cambio vigentes en el momento ***en que se satisfagan los importes por los diferentes Centros de Compensación o intercambio***.
I've often seen Centros de Compensación as "clearing houses" - does this simply mean "covering the amount charged by the clearing houses" or is there something more to this I'm not seeing?
Proposed translations
(English)
| 2 +2 | clearing houses |
MPGS
|
Change log
Jun 10, 2014 06:31: MPGS Created KOG entry
Proposed translations
+2
16 mins
Selected
clearing houses
HTH
:-)
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Note added at 17 mins (2014-06-05 11:33:20 GMT)
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correction to confidence level: 4
:-)
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Note added at 37 mins (2014-06-05 11:53:19 GMT)
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... the exchange rates current at the time the different clearing houses make the payments
:-)
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Note added at 4 days (2014-06-10 06:32:21 GMT) Post-grading
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Gracias a todos
:-)
:-)
--------------------------------------------------
Note added at 17 mins (2014-06-05 11:33:20 GMT)
--------------------------------------------------
correction to confidence level: 4
:-)
--------------------------------------------------
Note added at 37 mins (2014-06-05 11:53:19 GMT)
--------------------------------------------------
... the exchange rates current at the time the different clearing houses make the payments
:-)
--------------------------------------------------
Note added at 4 days (2014-06-10 06:32:21 GMT) Post-grading
--------------------------------------------------
Gracias a todos
:-)
Peer comment(s):
| agree |
James Peel
1 hr
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|
Thank you, James. Best.:-)
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| agree |
Billh
: settle payments, in this speak
2 hrs
|
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Thank you, Billh. "settle". Best. :-)
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4 KudoZ points awarded for this answer.
Comment: "Thanks everybody"
Discussion