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$.001 of amount deposited

English translation: un milésimo del monto en dólares depositado

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:$.001 of amount deposited
Selected answer:un milésimo del monto en dólares depositado
Entered by: María Eugenia Wachtendorff

02:46 Jul 12, 2006
English language (monolingual) [PRO]
Bus/Financial - Finance (general)
English term or phrase: $.001 of amount deposited
Hi, I just need to confirm whether this makes sense in English. Shouldn't this be expressed as a percentage rather than a dollar amount? This appears in a service fee chart for a bank in the U.S. Please let me know if you need more context. Many thanks :)


Currency/Coin Services

Currency Deposited -- ***$.001 of amount deposited***

Loose Coin -- $2.50 or 5% of amount deposited, whichever is greater

Rolled Coin (per roll) -- $.10
Susana Galilea
United States
Local time: 23:53
un milésimo de la suma/cantidad/monto depositado
Explanation:
Es un milésimo de dólar por cada dólar depositado.

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Note added at 4 hrs (2006-07-12 07:05:33 GMT)
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Este cargo es por el uso de las máquinas contadoras de billetes y monedas. El servicio es para los clientes que hacen enormes depósitos en efectivo, que los cajeros (seres humanos) tardarían demasiado en contar manualmente.

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Note added at 6 hrs (2006-07-12 09:03:32 GMT)
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One thousandth of the deposited amount.
It's a thousandth per dollar.
This charge is for the use (by the teller) of bill and coin counting machines.

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Note added at 16 hrs (2006-07-12 19:06:34 GMT)
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Susy, banks use the currency sign in this case. I would leave this untouched. The fact that they speak Spanish will not change the way figures are presented, will it? Maybe you could include an explanatory T.N.

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Note added at 16 hrs (2006-07-12 19:12:59 GMT)
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I think this may be a marketing strategy. "One thousandth" seems to be very little.
Selected response from:

María Eugenia Wachtendorff
Chile
Local time: 00:53
Grading comment
I asked the client about the dollar sign, just to be on the safe side. still waiting to hear...
4 KudoZ points were awarded for this answer



SUMMARY OF ALL EXPLANATIONS PROVIDED
4 +50.1% of amount deposited
Martine Brault
4un milésimo de la suma/cantidad/monto depositado
María Eugenia Wachtendorff


Discussion entries: 2





  

Answers


1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +5
0.1% of amount deposited


Explanation:
or $.001 per 1$ deposited but I prefer the 1st

Martine Brault
Canada
Local time: 00:53
Specializes in field
Native speaker of: Native in EnglishEnglish, Native in FrenchFrench
PRO pts in category: 4

Peer comments on this answer (and responses from the answerer)
agree  Dave Calderhead
4 hrs
  -> Thanks Dave
agree  Mwananchi
7 hrs
  -> Thanks Mwananchi
agree  conejo: Yes, they mean 0.1%, or in mathematical terms, 0.001 X (the amount deposited)
14 hrs
  -> thanks Conejo: that is it: if .001 is used, there has to be a mathematical sign to explain the relationship and calculation.
agree  Alfa Trans (X)
2 days 7 hrs
  -> Thanks Marju
agree  Zhuoqi Mills (X)
4 days
  -> Thanks Zhuoqi
Login to enter a peer comment (or grade)

4 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
un milésimo de la suma/cantidad/monto depositado


Explanation:
Es un milésimo de dólar por cada dólar depositado.

--------------------------------------------------
Note added at 4 hrs (2006-07-12 07:05:33 GMT)
--------------------------------------------------

Este cargo es por el uso de las máquinas contadoras de billetes y monedas. El servicio es para los clientes que hacen enormes depósitos en efectivo, que los cajeros (seres humanos) tardarían demasiado en contar manualmente.

--------------------------------------------------
Note added at 6 hrs (2006-07-12 09:03:32 GMT)
--------------------------------------------------

One thousandth of the deposited amount.
It's a thousandth per dollar.
This charge is for the use (by the teller) of bill and coin counting machines.

--------------------------------------------------
Note added at 16 hrs (2006-07-12 19:06:34 GMT)
--------------------------------------------------

Susy, banks use the currency sign in this case. I would leave this untouched. The fact that they speak Spanish will not change the way figures are presented, will it? Maybe you could include an explanatory T.N.

--------------------------------------------------
Note added at 16 hrs (2006-07-12 19:12:59 GMT)
--------------------------------------------------

I think this may be a marketing strategy. "One thousandth" seems to be very little.

María Eugenia Wachtendorff
Chile
Local time: 00:53
Works in field
Native speaker of: Native in SpanishSpanish
PRO pts in category: 4
Grading comment
I asked the client about the dollar sign, just to be on the safe side. still waiting to hear...

Peer comments on this answer (and responses from the answerer)
neutral  Ian M-H (X): English monolingual? ;-) // It happens - and I'm sure Susana won't be complaining :-)
1 hr
  -> Sorry about that! I went through all of Susana's questions, and I didn't realize this one was monolingual. Anyway, she needs the Spanish translation :))
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