Glossary entry

Spanish term or phrase:

cuenta sueldo

English translation:

direct deposit payroll account

Added to glossary by Mariela Malanij
This question was closed without grading. Reason: Other
Jun 6, 2005 15:09
18 yrs ago
85 viewers *
Spanish term

cuenta sueldo

Spanish to English Bus/Financial Finance (general)
This is a bank account where employers deposit the salaries of employees every month. Is there a technical term in English for this?
Thank you.

Discussion

Non-ProZ.com Jun 9, 2005:
Thank you all. Since I cannot award points to two different answers, I decided to close the question w/o grading.
My final version is Direct Deposit Payroll Account.
Non-ProZ.com Jun 8, 2005:
Thank you, Maragarita. I had already checked that site. Let's wait for the others to see if they come up with any other comments.
Margarita Palatnik (X) Jun 8, 2005:
in that case, I would go with direct deposit payroll account, www.surepayroll.com/site-map.htm
Non-ProZ.com Jun 8, 2005:
Sorry for not answering before. I didn't work yesterday.
This expression usually refers to the employees' individual accounts but in the text is mentioned as part of a bank's description of services for employers. So I'm not quite sure... Still, I think it refers to the individual deposit of each employee's salary.
I would not use salary account since in the US it is generally used in accounting and it is only used with this meaning in Non-English speaking countries (as you can see from David and Louisa's references)
Margarita is right about payroll accounts since they are mostly used by companies to manage payroll.
But Direct deposit accounts are not used for payroll purposes only. Check this out:
Direct deposit is a process where someone who is going to be paid on a recurring basis, such as an employee, or a recipient of a government entitlement or benefit program such as social security is sent the payment owed to them into their checking or savings account.
http://www.mywiseowl.com/articles/Direct_deposit

Direct Deposit is the electronic transfer of a payment from a company or organization into the checking or savings account of an individual. The payment can be divided among several different accounts and, in many cases, between different financial institutions. The most popular application of Direct Deposit is for payroll.
http://www.directdeposit.com/ddcom/general-defined.html

So I would combine both Payroll and Direct Debit. But I'm not sure whether it would be DIRECT DEPOSIT PAYROLL ACCOUNT or PAYROLL DIRECT DEPOSIT ACCOUNT. There are similar hits for both. Or simply DIRECT PAYROLL ACCOUNT.
What do you think? Any other suggestions? Thank you all.
Margarita Palatnik (X) Jun 6, 2005:
hmm, I disagreed with Xenia but now I am now sure... they deposit the individual salaries of each employee, or just the whole lump sum for paying their staff?

Proposed translations

+6
2 mins

payroll account for XXX

sug.

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Note added at 3 mins (2005-06-06 15:12:46 GMT)
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\"payroll bank account\"

Payroll
... Bank codes: Parameters associated with a payroll bank account ...
www.system2020.com/Payroll.htm


Global Payroll Pay Card Program
12 Jan 2004 ::: NWBA NEWS ... optional benefit packages for the employee that can make the card much more valuable. Payroll Bank Account Options ...
www.payrollpaycard.com/corporate.htm


disbursement cycle - payroll
[Microsoft Word]
... 3) Is the Payroll bank account operated on an imprest basis, and is it used only for Payroll ... 7) Is the payroll bank account reconciled monthly by employees having no ...
www.auditnet.org/docs/Payroll Audit Program 200402.doc


Speedy Cash Card
Payroll Companies (Payroll Card) We offer the Standard Debit card to Employers and payroll services to market to their existing companies. ... optional benefit packages for the employee that can make the card much more valuable. Payroll Bank Account Options ...
www.speedycashcard.com/banque1intro.htm


Event Software
EVENTSOFTWARE. \"Bringing you the leading innovations. in financial accounting software\" Auto Banking. More Modules... Reconciliation of payroll bank account no longer required as the net value clears the bank on the date written ...
www.event-software.com/modules/auto_banking.html
Peer comment(s):

agree eileengreen
0 min
eileengreen, many thanks.....xen
agree Vanessa Rivera Rivier
1 min
Vanessa, many thanks......xen
agree Noelia Fernández Vega
6 mins
Noelia, thanks bunches.....xen
agree Marina Soldati
8 mins
Marina, many thanks....xen
agree Yvonne Becker
9 mins
Smash, many thanks....xen
agree Gabriela Rodriguez
12 mins
Gabriela, thanks bunches......xen
disagree Margarita Palatnik (X) : Sorry, Xen, but the payroll bank account is the account used by the company to manage payroll payments, not the employees' account. // references in Spanish mention individual accounts for employees... we'll see what the asker says...
12 mins
Margarita, thanks for your comment. The asker is referring to the employer´s monthly deposit.....xen
agree Jason Willis-Lee
1 hr
Jason, many thanks.......xen
Something went wrong...
+1
5 mins

salary account

How much money do I need to deposit to open a Salary Account? ... How can I pay my utility bills through my Salary Account? ...

www.bankmuscat.com/global_bk_faq_dep_corp_salary.shtml

As a Salary Account holder, can I open a joint account and with whom? ... If your
organisation has an ICICI Bank Salary Account relationship, ...

www.icicibank.com/pfsuser/faqs/salaryfaqs.htm
Peer comment(s):

agree Louisa Coleman : great minds think alike! :o)
1 min
Louisa, you flatter me by comparing my humble mind to yours :o)
Something went wrong...
5 mins

Salary Account

I've used "salary account" before:- suerte!
ICICI Bank Salary Account is a benefit-rich payroll account for Employers and Employees.

As an organization, you can opt for our Salary Accounts to enable easy disbursements of salaries and enjoy numerous other benefits too.

With ICICI Bank Salary Accounts your employees will enjoy the convenience of :
Something went wrong...
+3
2 mins

direct deposit account

.

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Note added at 3 mins (2005-06-06 15:13:10 GMT)
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I worked as an interpreter with financial companies and they always referred to this types of account as direct deposit accounts. Hope it helps !

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Note added at 4 mins (2005-06-06 15:13:45 GMT)
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http://personal.fidelity.com/products/checking/content/direc...

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Note added at 7 mins (2005-06-06 15:16:33 GMT)
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Aqui hay otra referencia:
http://www.fms.treas.gov/eft/2231.pdf

Suerte !

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Note added at 12 mins (2005-06-06 15:22:02 GMT)
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typo: these not this, oops !
Peer comment(s):

agree Margarita Palatnik (X)
9 mins
Muchas Gracias Margarita !
agree bigedsenior
1 hr
Muchas gracias bigedsenior !
agree Prisca : This the term in the US; maybe *salary account* is used in the UK.
2 hrs
Gracias Prisca !
Something went wrong...
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