Glossary entry

German term or phrase:

Einlösung/Teileinlösung

English translation:

honor a payment in whole or in part

Added to glossary by Mack Tillman (X)
Jun 25, 2010 06:52
13 yrs ago
9 viewers *
German term

Einlösung/Teileinlösung

German to English Bus/Financial Finance (general)
Das ist bestimmt eine leichte Frage, aber ich übersetze zum ersten Mal eine Direct Debit authorisation und bin mir unsicher. Also hier ist das Original: Wenn mein/unser Konto die erforderliche Deckung nicht aufweist, besteht seitens des kontoführenden Kreditinstitutes keine Verpflichtung zur Einlösung. Teileinlösungen werden im Lastverfahren nicht vorgenommen.

Should my/our account lack the funds to cover the claims, the account-holding bank is not obliged to redemption. Partial redemptions are not carried out in a direct debit procedure.

Ist redemption in diesem Fall richtig oder wird ein anderer Begriff verwendet?
Proposed translations (English)
4 +2 honor a payment in whole or in part
5 Payment / partial payment
Change log

Jul 9, 2010 04:31: Mack Tillman (X) Created KOG entry

Proposed translations

+2
1 hr
Selected

honor a payment in whole or in part

or: honor a transaction in whole or in part.

I would also think about rephrasing your sentence, because I, for my part, have never heard of "obliged to redemption".

This is just a suggestion:
Should my/our account lack the necessary funds to cover the claims, the account-holding bank is not obligated to honor the transaction (payment request or debit request) in whole or in part.
You could even cancel the second sentence.

See last sentence on page 2:
http://www.gwecu.org/pdfs/POL-CHECKING 5-05.pdf
See page 3 second items listing:
http://www.hometownbancorp.com/WebElectronicServiceAgree.pdf
Hope this helps!
Note from asker:
Vielen, vielen Dank, dass ist sehr hilfreich.
Peer comment(s):

agree Wendy Streitparth
1 hr
Danke!/Thanks!
agree dkfmmuc : Sounds good, just want to agree !
2 hrs
Danke!/Thanks!
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4 KudoZ points awarded for this answer. Comment: "Selected automatically based on peer agreement."
23 mins

Payment / partial payment

I really think it's that simple here :) Good luck!
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