May 8 06:02
27 days ago
15 viewers *
Korean term
Poland
보관어음
Korean to English
Bus/Financial
Finance (general)
I have another question regarding the certificate of deposit/trust/investment trust/custody bill/CMA/note balance issued by a Korean bank. The heading of the certificate can be viewed here: https://rb.gy/l2zx63
It appears that the phrase ''custody bill'' is the English equivalent of the Korean ''보관어음''. I've tried using online KR>EN translators, and they translate ''보관어음'' as ''deposit note'' or ''treasury bill''. I need the correct English equivalent; when I have it, I'll be able to translate the phrase into Polish. Any help would be greatly appreciated.
It appears that the phrase ''custody bill'' is the English equivalent of the Korean ''보관어음''. I've tried using online KR>EN translators, and they translate ''보관어음'' as ''deposit note'' or ''treasury bill''. I need the correct English equivalent; when I have it, I'll be able to translate the phrase into Polish. Any help would be greatly appreciated.
Proposed translations
(English)
| 5 | deposited notes (for collection) |
Jungho Jo
|
| 5 | Custody Balance |
prasanck1
|
Proposed translations
1 hr
Selected
deposited notes (for collection)
It seems all the names you mentioned (custody bill, deposit note, treasury bill) are not appropriate because their definitions on the web are not about this service. "deposit note" seems partially correct.
Banks provide various agency services. One of them is collection service. They take up collection of promissory notes on behalf of their customers as agents and charge fees for such service to their customers. Customers can deposit the promissory notes they have in banks and entrust the collection of the notes to them.
Here, these notes are called "보관 어음" in Korea.
So basically, they are notes deposited by customers for collection.
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Note added at 1 hr (2024-05-08 07:37:35 GMT)
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If you can read Korean, this article provides a good example and explanation about "보관 어음."
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Note added at 1 hr (2024-05-08 07:37:42 GMT)
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https://www.donga.com/news/Economy/article/all/19971013/7291...
Banks provide various agency services. One of them is collection service. They take up collection of promissory notes on behalf of their customers as agents and charge fees for such service to their customers. Customers can deposit the promissory notes they have in banks and entrust the collection of the notes to them.
Here, these notes are called "보관 어음" in Korea.
So basically, they are notes deposited by customers for collection.
--------------------------------------------------
Note added at 1 hr (2024-05-08 07:37:35 GMT)
--------------------------------------------------
If you can read Korean, this article provides a good example and explanation about "보관 어음."
--------------------------------------------------
Note added at 1 hr (2024-05-08 07:37:42 GMT)
--------------------------------------------------
https://www.donga.com/news/Economy/article/all/19971013/7291...
Note from asker:
| Thank you! |
4 KudoZ points awarded for this answer.
Comment: "Thank you for your help."
2 hrs
Custody Balance
어음 stands for balance. It is the amount remained in the Custody account
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