GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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19:48 Jan 8, 2007 |
Arabic to English translations [PRO] Bus/Financial - Business/Commerce (general) / Libya | |||||||
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| Selected response from: Khalid Nasir Iraq Local time: 10:20 | ||||||
Grading comment
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Summary of answers provided | ||||
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4 | returned checques |
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3 | returned offset/ returned offset check |
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Discussion entries: 6 | |
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returned checques Explanation: Banks may accept, from their customers, checks drawn on other banks for collection. Checks are then sent by the banks to a centralized clearing house (المقاصة). Check the following URL: http://www.answers.com/topic/clearing-house Some checks may be returned to banks without collection because of some financial reasons. The term used for those returned checks is uncollected checks. Check the following URL for more information: http://getmychecks.com/p/sslcyb30/default.asp?btnSubmit=chec... However, Libyan banks prefer to use (returned checques) instead of (uncollected checks) for (الصكوك الراجعة). Please examine the following two pages for a proof of my previous conclusion: Arabic http://www.saharabank.com.ly/ar/StaticFile.asp?F=bank_cost English http://www.saharabank.com.ly/en/StaticFile.asp?F=bank_cost Reference: http://www.saharabank.com.ly/ar/StaticFile.asp?F=bank_cost Reference: http://www.saharabank.com.ly/en/StaticFile.asp?F=bank_cost |
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returned offset/ returned offset check Explanation: From these official translated web sites صكوك المقاصة = Offset check then المقاصة الراجعة = returned offset Reference: http://www.gumhouria-bank.com/balance.htm Reference: http://www.gumhouria-bank.com/arabic/balance.htm |
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