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  3. Law: Contract(s)

Número CIB

English translation: CI Banco, S.A

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:CIB
English translation:CI Banco, S.A
Entered by: Ana Claudia Macoretta

17:45 May 18, 2016
Spanish to English translations [PRO]
Law/Patents - Law: Contract(s)
Spanish term or phrase: Número CIB
"(...), Institución Banca Múltiple, en su caractér de fiduciaria del fideicomiso irrevocable para la realización de un desarrollo inmobiliario y administración de rentas CIB/XYZA, representada en este acto por el Lic. (...)"

So this is the first paragraph in an amendment agreement to a commissioning agreement (start-up of a shopping mall in Mexico), with the parties' identity details. I see from the web that a FIDUCIARIO or FIDEICOMISO IRREVOCABLE has a CIB Number, but I can't figure out what CIB stands for or refers to. Seems like a comma is missing between "rentas" and "CIB". At the moment my thought is to render CIB/XYZA as "Bearer of CIB/XYZA" (referring to the Trustee).

Que opinan?
Seth Phillips
United States
Local time: 18:36
CIB/[...]
Explanation:

Después de leer este documento de México en el que interviene CI Banco, S.A, Institución de Banca Múltiple: https://www.bmv.com.mx/docs-pub/infofidu/infofidu_629558_F00... he llegado a la conclusión de que *CIB* hace referencia al fiduciario que es CI Banco, S.A., Institución de banca múltiple (antes The Bank of New York Mellon, S.A., Institución de banca múltiple) y que para señalar en las diferentes listas aquellos fideicomisos en los que interviene CI Banco emplean la abreviatura *CIB* para referirse a este banco. Ya me dirás si esto es correcto.

Por ejemplo, en la lista de la página 6, se lee:
[…]
Fideicomiso MRP Aguascalientes CIB/2163
Fideicomiso MRP Huehuetoca CIB/2091
[…]

Aquí MPR corresponde a MRP CKD FI, sociedad de R.L. de C. V (administrador) y CIB corresponde CI Banco, S.A. (fiduciario), de conformidad con lo que se indica después en la página 7.

Por ello, coincido contigo en dejar *CIB* tal cual como está.
Selected response from:

Ana Claudia Macoretta
Spain
Local time: 00:36
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
4BIC number
AllegroTrans
3CIB/[...]
Ana Claudia Macoretta


Discussion entries: 5





  

Answers


55 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
BIC number


Explanation:
Now synonomous with the SWIFT identifier

What is a BIC (Bank Identifier Code)? | Experian
www.experian.co.uk/blogs/latest-thinking/bic-bank-identifie...
17 Mar 2015 - BIC until recently referred to the Bank Identifier Code, a unique code specifying a bank, and optionally a branch. ... Originally BIC was conceived to identify an address on the SWIFT inter-bank network, the name change to Business Identifier Code reflects that it now has much wider ...

AllegroTrans
United Kingdom
Local time: 23:36
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 577
Login to enter a peer comment (or grade)

1 hr   confidence: Answerer confidence 3/5Answerer confidence 3/5
CIB/[...]


Explanation:

Después de leer este documento de México en el que interviene CI Banco, S.A, Institución de Banca Múltiple: https://www.bmv.com.mx/docs-pub/infofidu/infofidu_629558_F00... he llegado a la conclusión de que *CIB* hace referencia al fiduciario que es CI Banco, S.A., Institución de banca múltiple (antes The Bank of New York Mellon, S.A., Institución de banca múltiple) y que para señalar en las diferentes listas aquellos fideicomisos en los que interviene CI Banco emplean la abreviatura *CIB* para referirse a este banco. Ya me dirás si esto es correcto.

Por ejemplo, en la lista de la página 6, se lee:
[…]
Fideicomiso MRP Aguascalientes CIB/2163
Fideicomiso MRP Huehuetoca CIB/2091
[…]

Aquí MPR corresponde a MRP CKD FI, sociedad de R.L. de C. V (administrador) y CIB corresponde CI Banco, S.A. (fiduciario), de conformidad con lo que se indica después en la página 7.

Por ello, coincido contigo en dejar *CIB* tal cual como está.


Ana Claudia Macoretta
Spain
Local time: 00:36
Specializes in field
Native speaker of: Native in ItalianItalian, Native in SpanishSpanish
PRO pts in category: 20
Login to enter a peer comment (or grade)



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