Glossary entry

Norwegian term or phrase:

betalingsproduktet

English translation:

the payment product

Added to glossary by dmesnier
Aug 12, 2014 22:27
9 yrs ago
Norwegian term

betalingsproduktet

Norwegian to English Bus/Financial Finance (general) Sale ondustry analyses
Hi - I'm having difficulty finding the correct translation for betalingsproduktet in the following sentence. Thanks for your help!

Informasjonen må gis på en slik måte at den juridiske personen evner å forstå forskjellen på innsynsretten og betalingsproduktet verdiøkende produkter.
Proposed translations (English)
3 the payment product

Proposed translations

1 day 15 hrs
Selected

the payment product

Please see the following definition:
“A payment product is understood to be any form of instruction where, on the basis of a contractual relationship between the customer and the financial institution, money can be transferred (in the form of a monetary obligation to/claim on a party) to the beneficiary.”
http://www.dnb.nl/en/binaries/Recommendations for Payment Pr...
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