اعتماد

English translation: Letter of credit L/C

03:12 Mar 28, 2018

Arabic to English translations [PRO]
Bus/Financial - Finance (general)

Arabic term or phrase: اعتماد

I am translating a letter from a Libyan bank to a Libyan governmental authority.

"بعد اطلاعنا على نص الاعتماد المذكور نفيدكم بالاتي"

The bank informs the governmental entity that it has reviewed the "اعتماد" agreement and found that it does not contain any relevant conditions.

The broader context is a series of letters between the agency and the bank, discussing letters of guarantee, and involving a foreign firm.

I'm trying to figure out what an اعتماد could be in this context--a loan? Credit?

Sorry I can't provide more context--that's all I've got to work with. Thoughts?

sanstis (X) KudoZ activity Questions: 11 (none open) Answers: 0 United Kingdom
Local time: 22:03

English translation:Letter of credit L/C

Explanation:
L/C

Letter of credit

Selected response from:

Alaa AHMED
Saudi Arabia
Local time: 00:03

Grading comment

Thank you, this feels right and certainly fits the context well.
4 KudoZ points were awarded for this answer

Summary of answers provided

5 +6

Letter of credit L/C

Alaa AHMED

Credit / Loan Agreement

Moodi

Discussion entries: 1

Answers

1 hr confidence:

peer agreement (net): +6

Letter of credit L/C

Explanation:
L/C

Letter of credit

Alaa AHMED
Saudi Arabia
Local time: 00:03
Works in field
Native speaker of:

Arabic
PRO pts in category: 14

Grading comment

Thank you, this feels right and certainly fits the context well.

4 hrs confidence:

Credit / Loan Agreement

Explanation:
.

Moodi
Local time: 00:03
Native speaker of:

Arabic
PRO pts in category: 52

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اعتماد

English translation: Letter of credit L/C

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اعتماد

English translation: Letter of credit L/C

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