VIREMENT CAV

English translation: TRANSFER (Current account)

09:47 Apr 15, 2021
French to English translations [PRO]
Bus/Financial - Finance (general) / French Bank Statement
French term or phrase: VIREMENT CAV
I am translating French bank statements with lots of abbreviations that I can't find in the usual sources.

Any suggestions appreciated.

VIREMENT CAV

I know that VIREMENT is "transfer", but the CAV has me stumped.
William Boletta
United States
English translation:TRANSFER (Current account)
Explanation:
CAV means "compte à vue", which is another name for "Compte courant", i.e., current account.
Selected response from:

AKAH OKWEN ARNOLD FLORENT
Cameroon
Local time: 01:34
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +5TRANSFER (Current account)
AKAH OKWEN ARNOLD FLORENT
4on-demand transfer
Francois Boye


Discussion entries: 3





  

Answers


13 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +5
TRANSFER (Current account)


Explanation:
CAV means "compte à vue", which is another name for "Compte courant", i.e., current account.


    https://www.cashbee.fr/lexique/compte-courant
AKAH OKWEN ARNOLD FLORENT
Cameroon
Local time: 01:34
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 12

Peer comments on this answer (and responses from the answerer)
agree  Yvonne Gallagher
1 hr

agree  Conor McAuley
1 hr

agree  Marge Hogarty
2 hrs

agree  Saeed Najmi
2 hrs

agree  Nikki Scott-Despaigne
2 hrs

disagree  Francois Boye: see my translationhttps://corporatefinanceinstitute.com/resources/knowledge/fi...
5 hrs

agree  Myriam19
2 days 7 hrs
Login to enter a peer comment (or grade)

5 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
on-demand transfer


Explanation:
An on-demand transfer occurs after a user gives a business the authorization to initiate a bank transfer to debit their funding source.


https://www.dwolla.com/features/on-demand-transfers/#:~:text...

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Note added at 6 hrs (2021-04-15 15:58:59 GMT)
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https://corporatefinanceinstitute.com/resources/knowledge/fi...

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Note added at 2 days 13 hrs (2021-04-17 23:01:08 GMT)
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on-demand BANK transfer is more precise than on-demand transfer

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Note added at 2 days 13 hrs (2021-04-17 23:02:26 GMT)
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On-demand BANK transfer is more precise than on-demand transfer

Francois Boye
United States
Local time: 20:34
Specializes in field
Native speaker of: Native in FrenchFrench
PRO pts in category: 305
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