Glossary entry

Chinese term or phrase:

凭银行信誉

English translation:

When the Bank participates in collection, it is not relying on its bank credibility, but the general business credibility.

Added to glossary by Kevin Yang
Mar 1, 2002 21:52
23 yrs ago
Chinese term

凭银行信誉

Chinese to English Bus/Financial
银行参与托收不是凭银行信誉,而是一般的商业信誉
Thanks
Paolo

Proposed translations

+1
4 hrs
Selected

When the Bank participates in the collection, it is not relying on its bank credibility, but the gen

Here comes my version:

银行参与托收不是凭银行信誉,而是一般的商业信誉 = When the Bank participates in the collection, it is not relying on its bank credibility, but the general business credibility.
Peer comment(s):

agree Elizabeth Tu : Question: who is "it", "its" and "whose general business credibility"? This is unclear because the source text is unclear.
15 mins
Elizabeth, I do agree with you. If we have the context, it would be easier to translate.I hope PML can figure it out.
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4 KudoZ points awarded for this answer. Comment: "This is the meaning I figured out: A bank, in taking part in a collection, is not acting as a warranting bank, it only gives normal commercial guarantee i.e.= the bank is not going to guarantee the payment, and it’s not responsible if the drawee doesn’t pay. Thanks to all of you Paolo"
12 hrs

The/A bank's participation in the collection relies on the general business credibility rather than

The/A bank's participation in the collection relies on a general business credibility rather than its (bank's)own credit standing.

Only for reference.but i'm sure this sentence pattern is more like English.
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13 hrs

Bank establishes its role...

Bank establishes its role in the business of collection for its commerical crediblity, not from its banking credibility.
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