Glossary entry (derived from question below)
Aug 7, 2014 13:17
9 yrs ago
English term
clear
English to French
Marketing
Economics
Le texte concerne un expert en matière de change de devises: "We provide you the ability to clear foreign currency to us at wholesale rates, including value carriage and even banking and cash solutions."
Merci pour votre aide.
Merci pour votre aide.
Proposed translations
(French)
3 +2 | liquider/solder | C. Tougas |
5 | accepter | KLamTranslation |
4 | vendre ou echanger | Dominic D |
4 | se faire reprendre par XYZ les devises étrangères aux taux de changes de gros | Daryo |
Change log
Aug 13, 2014 12:07: C. Tougas Created KOG entry
Proposed translations
+2
1 hr
Selected
liquider/solder
selon ma compréhension du texte sans plus de contexte et le GDT.
Pourrait aussi être "racheter"?
Pourrait aussi être "racheter"?
Peer comment(s):
agree |
Mireille BOULANGER
6 hrs
|
Merci!
|
|
agree |
Dominic D
: mais pas racheter, "clear" c'est l'action du client et pas la banque donc vendre
1 day 1 hr
|
Merci!
|
4 KudoZ points awarded for this answer.
Comment: "merci"
1 min
accepter
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Note added at 13 minutes (2014-08-07 13:31:25 GMT)
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Il manque le contexte. Ca pourrait aussi être "Rapprocher" ici
Peer comment(s):
neutral |
Dominic D
: là c'est le client qui "clear" et pas la banque, donc plutot "donner" qu'accepter
1 day 2 hrs
|
1 day 2 hrs
vendre ou echanger
To clear here is not the usual banking term I think but rather clear as in get rid of, clear out etc
2 days 12 hrs
English term (edited):
clear foreign currency to XYZ at wholesale rates
se faire reprendre par XYZ les devises étrangères aux taux de changes de gros
Concessionaire Model
This business model is primarily used by other retailers at airports so they can accept foreign currency for payments
of goods and services. Travelex provides the ability for our partners to clear foreign currency to Travelex at
wholesale rates, including value carriage and even banking and cash management solutions. Our business partners
under this model include global duty free companies (Nuance Watson, DFS) and other retailers such as book
shops, restaurants, electronic retailers.
All these foreign currencies are basically "loaned" to the Concessionaire, so at the end of the trading period (the day or the week?) whatever is in the till is given back and accounted for at wholesale rates.
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Note added at 2 days21 hrs (2014-08-10 10:58:02 GMT)
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... aux taux de change de gros
This business model is primarily used by other retailers at airports so they can accept foreign currency for payments
of goods and services. Travelex provides the ability for our partners to clear foreign currency to Travelex at
wholesale rates, including value carriage and even banking and cash management solutions. Our business partners
under this model include global duty free companies (Nuance Watson, DFS) and other retailers such as book
shops, restaurants, electronic retailers.
All these foreign currencies are basically "loaned" to the Concessionaire, so at the end of the trading period (the day or the week?) whatever is in the till is given back and accounted for at wholesale rates.
--------------------------------------------------
Note added at 2 days21 hrs (2014-08-10 10:58:02 GMT)
--------------------------------------------------
... aux taux de change de gros
Discussion
The "Concessionaire" starts trading (i.e. retail selling and buying foreign currencies to and from individuals) with one mix of foreign currencies and closes with another mix. What is here called "clearing" is to account for the final result of all these variations and close the accounts for the day of trading (the same way a "clearing house" deals only with the consolidated results of all the trades passing through it).
Makes perfect sense to me - doesn't matter how much Euros or Dollars or Pounds went in an out during the day, only the final balance is taken into account and charged at wholesale rates of exchange by the company "loaning" the foreign currencies to the "Concessionaire".