Glossary entry (derived from question below)
Spanish term or phrase:
designar/designación del banco X como banco corresponsal
English translation:
nominate/nomination of bank X as (a) correspondent bank
Spanish term
designar/designación del banco X como banco corresponsal
In a correspondent agreement between two banks, I have the following:
[La Junta Directiva del BDT decidió]:
PRIMERO: AUTORIZAR la suscripción de convenios de corresponsalía entre IBZB y el BDT.
SEGUNDO: APROBAR la designación de IBZB como banco corresponsal.
My question is,
What verb and noun should I use here to translate “designar/designación”.
Google gives ONLY ONE result for “designate * as correspondent bank”.
Many thanks in advance
| 4 +2 | (BrE) nominate/nomination of bank X as (a) correspondent bank |
Adrian MM.
|
| 5 +5 | appointment/selection/choice/0 |
Wendy Cummings
|
Jul 6, 2019 11:51: Adrian MM. Created KOG entry
Non-PRO (2): AllegroTrans, philgoddard
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Proposed translations
Austria
Retd.T&I, Barrister & Austro-Advokat
Native in: English (Variants: British, Scottish) 
Works in: Spanish to English, English to Spanish, French to English, and 5 more.
(BrE) nominate/nomination of bank X as (a) correspondent bank
'What else?' right away in the words of my virtual-double, George Clooney.
Nominated bank is another important yet not well understood term in international letter of credit transactions.
| Thanks a million to all of you for your help. I like Wendy’s suggestion (appoint/appointment), which is also supported by the majority, but Adrian’s suggestion seems to be the term of art (even though my text is a correspondent service agreement, not a letter of credit). |
United Kingdom
The highest professional standards
Native in: English
Works in: Spanish to English, French to English
appointment/selection/choice/0
Approve the selection of xxx as
Approve the choice of xxx as
Or even omit it altogether:
Approve XXX as
| Thanks a million to all of you for your help. I like Wendy’s suggestion (appoint/appointment), which is also supported by the majority, but Adrian’s suggestion seems to be the term of art (even though my text is a correspondent service agreement, not a letter of credit). |
| agree |
AllegroTrans
: appointment; do not omit as this removes an essential meaning
15 mins
|
| agree |
Lisa McCarthy
: Appointment - I've seen this verb used in similar contexts with banks..
19 mins
|
| agree |
Simon Charass
: With Allegro & Lisa.
2 hrs
|
| agree |
philgoddard
: Designate is fine too. Just because it doesn't get Google hits doesn't mean it's wrong.
2 hrs
|
| agree |
Manuela Varela
: appointment
8 hrs
|
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