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19:57 Feb 18, 2024 |
Spanish to English translations [PRO] Law/Patents - Law: Contract(s) / Financial Intermediary Agreement | |||||||
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| Selected response from: Eileen Brophy Spain Local time: 08:28 | ||||||
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Discussion entries: 4 | |
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The duly notified and certified bank account by the advisor Explanation: "Por el asesor" means by the advisor, so this is how I would translate the text: "shall be made by electronic transfer to the bank account duly notified and certified by the Advisor....". -------------------------------------------------- Note added at 33 mins (2024-02-18 20:30:42 GMT) -------------------------------------------------- Certified could mean registered Ruth |
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the relevant and explanatory bank account which is certified Explanation: The parties (groups) agree that the payment in consideration is made by electronic transfer to the relevant and explanatory bank account which is certified by the financial consultant. In economic law, the consideration is 'the price paid in exchange for the fulfilment of a promise. The court defined consideration as a right, interest, profit, detriment, loss or responsibility. Anything of value that is promised by one party to another can be a consideration. If a person makes an offer to another without any consideration the contract is not binding legally.' https://corporatefinanceinstitute.com/resources/valuation/co... -------------------------------------------------- Note added at 1 hr (2024-02-18 20:57:43 GMT) -------------------------------------------------- A certified bank account is one which has a copy of an original statement or document and it's approved by a professional in authority such as a solicitor or a financial consultant. https://www.gov.uk/certifying-a-document -------------------------------------------------- Note added at 1 hr (2024-02-18 21:56:24 GMT) -------------------------------------------------- The bank statement of account is explanatory since it shows any activity (transactions etc). https://corporatefinanceinstitute.com/resources/valuation/consideration/ |
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