Glossary entry

German term or phrase:

Abrufauftragsservice

English translation:

(UK) BACS system

Added to glossary by Charles Stanford
Feb 28, 2005 23:32
19 yrs ago
1 viewer *
German term

Abrufauftragsservice

German to English Bus/Financial Finance (general)
Can anyone help please with "Abrufauftragsservice" - here is the definition = EDV-Dienstleistung, die eine elektronische Abwicklung von Zahlungen in unterschiedlicher Höhe und größerer Anzahl an einen gleichbleibenden Empfängerkreis bzw. Einzug von Forderungen im *Lastschrifteinzugsverkehr vorsieht. Der Abrufauftragsservice wird von Unternehmen und Einrichtungen ohne eigene EDV-Anlage in Anspruch genommen.

Discussion

JeffFish (X) Mar 1, 2005:
Can you give us a sentence (aside from the definition) in which this term is used? I'm puzzled as to how companies and organizations without their own IT equipment are supposed to use this service.

Proposed translations

+1
9 hrs
Selected

(UK) BACS system

This sounds like an excellent definition of what the BACS system does, i.e. automatically collecting payments from, and transferring payment to, the bank accounts of people who have signed an authorisation. If I remember what BACS stands for, I'll add it later. I think ACS is automated clearing services.

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Note added at 10 hrs 7 mins (2005-03-01 09:40:00 GMT)
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It\'s \"Bankers Automated Clearing Services\", though they probably mean Bankers\' Automated Clearing Services.
Peer comment(s):

agree sonja29 (X)
3 hrs
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "have to go with Terry the Guru"
-1
10 mins

call order service

Abrufauftrag is a call order, no two ways about it. It ought to folow then ..... (see above)
Reference:

http://dict.leo.org

Peer comment(s):

neutral JeffFish (X) : leo isn't always right. And I couldn't find a single finance-related google hit...
10 mins
disagree Terry Moran : What's that?
9 hrs
Something went wrong...
16 mins

call-off order service

Another possibility, based on European Logistics Association terminology.
Peer comment(s):

neutral JeffFish (X) : but this is finance, not logistics
3 mins
Good point - I thought the same term might apply (as is sometimes the case), but wasn't sure.
Something went wrong...
43 mins

clearing service

Sounds like that's what they are offering.
Look at "clearing service" (26 kggl)and judge for yourself
Peer comment(s):

neutral JeffFish (X) : Your right on the kilogoogles, Andrew, but Clearing is fairly widespread in German as well, and common synonyms are Abrechnung and Verrechnung. And why the reference to a "constant group of recipients"?
13 mins
Yes, Jeff. That's why it was a confidence level '2'. We await the results of your research...:-)
Something went wrong...
5 hrs

Automated payment service provider

or just payment service provider/direct payment provider.
Just from the prospective of my years in banking, in the US there are many companies that provide mainly payroll direct deposit payment services, again for companies without their own inhouse system. It sounds to me as if this is similar to what the company is offering - it is for a set base of individuals/companies that are paid, the amount may vary and they offer direct debit or direct credit. The reason the base of recipients stays the same is because it is typically the employee base (you would need to add/delete employees), or the customer base (you of course add/delete customers), and so overall the base is the same on a monthly basis, plus or minus any adds/deletes.
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