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Translations for „collecting bank“ in the English » German Dictionary (Go to German » English)

col·ˈlect·ing bank N

collecting bank N CORP STRUCT

Specialized Vocabulary

Monolingual examples (not verified by PONS Editors)

English
The existing guidelines on tax refund describes it as the situation where the collecting bank/lead bank erroneously makes a double payment/remittance in respect of a single transaction.
thenationonlineng.net
The collecting bank may refuse to accept a warrant issue, in which case other banks may also refuse to accept them.
en.wikipedia.org
We later set up structures and streamlined all those accounts into one collecting bank.
thenationonlineng.net
A collecting bank may validly negotiate such a cheque on mere delivery.
www.canadianunderwriter.ca
So when they are presented to collecting bank, the period of three months will be over and the customers will be harassed to get it revalidated.
www.thehindu.com

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