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payable-through accounts

Arabic translation: حسابات الدفع المراسلة/ الحسابات المباشرة غير المراسلة

10:31 Jul 4, 2016
English to Arabic translations [PRO]
Bus/Financial - Finance (general) / Finance / regulations
English term or phrase: payable-through accounts
Respondent banks may be provided with a wide range of services, including cash management (e.g. interest-bearing accounts in a variety of currencies), international wire transfers, cheque clearing, payable-through accounts and foreign exchange services
einass kandil
Egypt
Local time: 13:16
Arabic translation:حسابات الدفع المراسلة/ الحسابات المباشرة غير المراسلة
Explanation:
A correspondent banking account relationship established by a foreign bank with a U.S. bank, for the purpose of clearing U.S. dollar denominated checks drawn on the foreign bank by its demand deposit customers.

حسابات الدفع المفتوحة لديه من قبل المصارف الأجنبية المراسلة
Selected response from:

Yosra Montasser
Egypt
Local time: 13:16
Grading comment
Thanks
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +1حسابات الدفع المراسلة/ الحسابات المباشرة غير المراسلة
Yosra Montasser
5حسابات أموال المصارف
Liliane Hatem


  

Answers


22 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
حسابات الدفع المراسلة/ الحسابات المباشرة غير المراسلة


Explanation:
A correspondent banking account relationship established by a foreign bank with a U.S. bank, for the purpose of clearing U.S. dollar denominated checks drawn on the foreign bank by its demand deposit customers.

حسابات الدفع المفتوحة لديه من قبل المصارف الأجنبية المراسلة


    Reference: http://www.almustaqbal.com/v4/Article.aspx?Type=np&Articleid...
Yosra Montasser
Egypt
Local time: 13:16
Works in field
Native speaker of: Native in ArabicArabic, Native in EnglishEnglish
PRO pts in category: 74
Grading comment
Thanks

Peer comments on this answer (and responses from the answerer)
agree  Muhammad Said
11 mins
  -> Thank You
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1 hr   confidence: Answerer confidence 5/5
حسابات أموال المصارف


Explanation:
A demand deposit is money that you deposit into a bank account from which you can withdraw 'on demand' - at any time without any advance notice to the bank. Common examples of accounts that are often demand deposit accounts include many checking and savings accounts.

https://en.wikipedia.org/wiki/Demand_deposit
https://ar.wikipedia.org/wiki/أموال_المصارف

Liliane Hatem
Lebanon
Local time: 13:16
Specializes in field
Native speaker of: Native in EnglishEnglish, Native in ArabicArabic
PRO pts in category: 257
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