Glossary entry (derived from question below)
English term or phrase:
booking branch
Arabic translation:
الفرع الذي تم فيه / بواسطته الحجز
Added to glossary by
hassan zekry
Jun 13, 2020 13:09
4 yrs ago
31 viewers *
English term
booking branch
English to Arabic
Law/Patents
Law: Contract(s)
The Purchaser may set off any matured obligation due from the Seller under this Agreement (to the extent beneficially owned by the Purchaser) against any obligation (matured or contingent) owed by the Purchaser to the Seller, regardless of the place of payment, booking branch or currency of either obligation. If the obligations are in different currencies, the Purchaser may convert either obligation at a market rate of exchange in its usual course of business for the purpose of the set-off.
Proposed translations
(Arabic)
4 +3 | الفرع الذي تم فيه / بواسطته الحجز | hassan zekry |
5 +1 | فرع الحجز | Hassan Achahbar |
4 | الفرع المختص بالحجز | mona elshazly |
Change log
Jun 27, 2020 07:57: hassan zekry Created KOG entry
Proposed translations
+3
9 mins
Selected
الفرع الذي تم فيه / بواسطته الحجز
الفرع الذي تم الحجز فيه
4 KudoZ points awarded for this answer.
Comment: "Selected automatically based on peer agreement."
+1
11 mins
فرع الحجز
https://www.bis.org/publ/bcbs95.pdf
page 6
Booking branches
The term “booking branch” refers to a branch of a foreign bank where the branch has no meaningful mind and management in the jurisdiction in which it is licensed. Often, such branches are nothing more than “brass plates”, with only basic administrative services being supplied by a local agent who may provide such services to a number of banks. The management of the branch may be located in an office in the home jurisdiction of the head office or in an office located in a third jurisdiction, which may or may not be an office subject to supervision. The key distinction between booking branches and shell banks is that the former are part of an existing bank that is regulated by a home country supervisor.
https://www.gbm.hsbc.com/-/media/gbm/solutions/attachments/g...
page 29
13.1 یجوز لإتش إس بي سي، في أي وقت وبدون إشعار، أن یجمع أو یُدمج ویُوحد كافة
حسابات العمیل المُحتفظ بھا لدى إتش إس بي سي و/أو مقاصة أي من التزامات العمیل مقابل أي
التزام مستحق من قبل إتش إس بي سي إلى العمیل (بما في ذلك ما یتعلق بأیة ضمانات نقدیة، أو
العوائد المُستلمة أو المُحتفظ بھا من قبل إتش إس بي سي)، بغض النظر عن مكان الدفع أو فرع
الحجز أو العملة لأي من الالتزامین.
HSBC may, at any time and without notice, combine or consolidate all the accounts of the Customer held with HSBC and/or set-off any Customer Liabilities against any obligation owed by HSBC to the Customer (including in respect of any Cash Collateral, or proceeds received or held by HSBC), regardless of the place of payment, booking branch or currency of either obligation.
page 6
Booking branches
The term “booking branch” refers to a branch of a foreign bank where the branch has no meaningful mind and management in the jurisdiction in which it is licensed. Often, such branches are nothing more than “brass plates”, with only basic administrative services being supplied by a local agent who may provide such services to a number of banks. The management of the branch may be located in an office in the home jurisdiction of the head office or in an office located in a third jurisdiction, which may or may not be an office subject to supervision. The key distinction between booking branches and shell banks is that the former are part of an existing bank that is regulated by a home country supervisor.
https://www.gbm.hsbc.com/-/media/gbm/solutions/attachments/g...
page 29
13.1 یجوز لإتش إس بي سي، في أي وقت وبدون إشعار، أن یجمع أو یُدمج ویُوحد كافة
حسابات العمیل المُحتفظ بھا لدى إتش إس بي سي و/أو مقاصة أي من التزامات العمیل مقابل أي
التزام مستحق من قبل إتش إس بي سي إلى العمیل (بما في ذلك ما یتعلق بأیة ضمانات نقدیة، أو
العوائد المُستلمة أو المُحتفظ بھا من قبل إتش إس بي سي)، بغض النظر عن مكان الدفع أو فرع
الحجز أو العملة لأي من الالتزامین.
HSBC may, at any time and without notice, combine or consolidate all the accounts of the Customer held with HSBC and/or set-off any Customer Liabilities against any obligation owed by HSBC to the Customer (including in respect of any Cash Collateral, or proceeds received or held by HSBC), regardless of the place of payment, booking branch or currency of either obligation.
1 hr
الفرع المختص بالحجز
الفرع المختص بالحجز
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Note added at 2 hrs (2020-06-13 15:32:58 GMT)
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الفرع المعني بإجراءات الحجز
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Note added at 2 hrs (2020-06-13 15:32:58 GMT)
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الفرع المعني بإجراءات الحجز
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