Glossary entry

Spanish term or phrase:

contrato de credito en cuenta corriente

English translation:

overdraft facilities (UK) / current account credit (in US)

Oct 22, 2006 17:01
17 yrs ago
34 viewers *
Spanish term

contrato de credito en cuenta corriente

Spanish to English Other Law: Contract(s)
Tengo algunos tipos de contrato en este parrafo que desconozco, pero hare las preguntas por separado siguiendo las reglas de kudoz. Gracias

Se trata de las atribuciones otorgadas al gerente general de una sociedad:

Actuando en forma individual podra abrir o cerrar cuentas.... celebrar contratos de credito en cuenta corriente, de credito documentarios, de credito con garantia de cobranzas,.......

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25 mins
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overdraft facilities (UK) / current account credit (in US)

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Peer comment(s):

agree Maria Garcia
2 hrs
Hola María... muy amable...
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4 KudoZ points awarded for this answer. Comment: "Gracias"
16 mins

revolving credit/charge account

A formal line of credit offered to larger businesses in exchange for up-front fees and standard interest payments.
http://www.investordictionary.com/definition/revolving credi...

Revolving Credit is a line of credit extended to individuals or businesses who may use it as often as desired up to a specific dollar limit. The agreement permits a purchaser to charge purchases against an account each period (generally a month) at which point they must pay part of the debt and may pay all of the debt. New purchases can be made, charged and paid off during the period. Generally there is a minimum payment amount based on the size of the debt. This is in contrast to a car or home loan in which a fixed amount is loaned to a client and a fixed payment is expected over a pre-set period of time.
http://www.poewar.com/money/archives/2005/10/06/what-is-revo...

1. - Sujeto a la autorización que SANBORNS conceda a la solicitud de crédito arriba señalada, ésta otorgará a favor de EL CLIENTE un crédito en cuenta corriente en moneda nacional, hasta por el importe que SANBORNS determine. El importe del crédito otorgado podrá ser utilizado por EL CLIENTE para la adquisición de bienes y servicios en los establecimientos comercialmente identificados como "SANBORNS" ubicados en La República Mexicana, incluyendo "SANBORNS" restaurante, bar y café. De manera general el precio de los bienes que se adquieran con cargo al crédito otorgado será el mismo que para las adquisiciones de contado. SANBORNS podrá modificar el importe del crédito otorgado de acuerdo a la experiencia crediticia de El Cliente, dando aviso a EL CLIENTE de dicha modificación mediante el estado de cuenta que SANBORNS le envíe. El importe de crédito podrá, si SANBORNS así lo determina incluir los intereses, cargos y demás gastos que con motivo del propio crédito se generen a cargo de EL CLIENTE.

2. - SANBORNS entregará a EL CLIENTE una tarjeta plástica personalizada, misma que EL CLIENTE deberá firmar al momento de recibirla, en el espacio para tal efecto destinado.
http://www.sanborns.com.mx/Sanborns/tarjeta_sanborns/contrat...

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25 mins

line of credit in checking account

Cuenta corriente is a checking account so it would be called a line of credit
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6 hrs

overdraft credit to checking account

Astoria Federal Savings
You can also access your overdraft credit line by making a cash withdrawal at ... We'll help you select the right checking account from a variety of options ...
www.astoriafederal.com/html/everyday_banking/checking/overd... - 26k - Cached - Similar pages

ConsumerReports.org - Financial services: Hidden fees, bank ...
Few banks levy charges when their checking account holders withdraw money from the ... sign up for an overdraft credit line, which charges interest that ...
www.consumerreports.org/cro/personal-finance/financial-serv... - 62k - Cached - Similar pages

Iowa Falls State Bank - Deposit accounts
... needs a basic account to pay monthly bills… we have the checking account to ... ATM/Debit and overdraft credit line (with qualified credit) are provided ...
www.ifsbank.com/pers/deposits.html - 13k - Cached - Similar pages

Overdraft Protection
If you have ever overdrawn your checking account, you've experienced the ... You may apply for an Overdraft Credit Line loan online or by visiting any ...
www.fairwinds.org/Information/od_loan.asp - 11k - Cached - Similar pages
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