Glossary entry

English term or phrase:

Write Off/On Policy

French translation:

Politique de recouvrement des créances / de poursuites des dettes

Added to glossary by Sandrine Nouvel
Mar 9, 2021 07:59
3 yrs ago
16 viewers *
English term

Write Off/On Policy

English to French Bus/Financial Finance (general) defferal procedure
Documentation defferals during the closure process (TTS is the name of a banking division). This is for the African market but I don't think that's really important here.


"Deferrals for Account Closures - can be granted up to 15 days based on correctly executed scanned copy and local business approval (VP or above) provided that the account has zero balance. Zeroing the account should be executed by the client.
In case any write off is required, TTS Write Off/On Policy should be followed separately."

Proposed translations

13 hrs
English term (edited): Write Off/On Policy
Selected

Politique de recouvrement des créances / de poursuites des dettes

Write Off/On Policy = bank's policy to apply when deciding whether to "write off" someone's debts (OFF) or to chase the payment (ON)

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Note added at 14 hrs (2021-03-09 22:39:50 GMT)
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what is meant:

depending on what is the "Write Off/On Policy" some amounts due to the bank might be simply written off at the time of closing the account OR the bank could decide to try to recover these amounts due, once the account is closed.


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Note added at 14 hrs (2021-03-09 22:43:14 GMT)
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If you want to reproduce the OFF / ON part:

Politique de radiation / recouvrement des créances
Peer comment(s):

neutral Francois Boye : no reference about anything
27 mins
So what? These are basic basics of banking, or of debt recovery ... Like, if you have any sense you know when NOT to throw good money after bad money (in other words, that's what this "Write Off/On Policy" is about), or you need a reference for that?
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Thank you eveyone!"
12 mins

politique en matière de pertes et profits

Juste une suggestion. Write off sont les pertes, et write on sont les bénéfices inattendus.
Peer comment(s):

neutral Germaine : c'est pas plutôt de l'ordre des radiations/inscriptions?
7 hrs
disagree Daryo : looks like you went an extrapolation too far from "passer par les pertes et profits", which is anyway only used for "to write off".
13 hrs
agree Emiliano Pantoja
21 hrs
Something went wrong...
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