Glossary entry

Spanish term or phrase:

transferencia a CCV

English translation:

transfer to the securities account number

Added to glossary by Chris Ellison
Aug 2, 2022 09:51
1 yr ago
26 viewers *
Spanish term

transferencia a CCV

Spanish to English Bus/Financial Insurance
From an insurance policy:

Forma de Pago: Por la parte del Tomador a XXXXXX mediante transferencia a CCV que se comunicará en el momento en que el Tomador informe del pago de la prima

Thx

Discussion

philgoddard Aug 2, 2022:
Could "el Tomador informe del pago de la prima" mean "the policyholder states that it wishes to pay the premium"? It doesn't make sense to me otherwise.
Danielle Coleman Aug 2, 2022:
CCB or CCV Probably the best course of action, if possible, would be to ask the client what they intended and whether there is a typo.
Luis M. Sosa Aug 2, 2022:
Still think Phil is right in both his discussion entry and his neutral vote to Danielle's answer. This seems to suggest that you first pay the insurance premium and the proceed with the transfer to the CCV. Am I right or wrong here?
Chris Ellison (asker) Aug 2, 2022:
CCB Hi Phil, Thanks, I wondered the same thing but having read about securities accounts, I think that fits the context.
philgoddard Aug 2, 2022:
Could CCV be a mistake for CCB, cuenta corriente bancaria?

Proposed translations

1 hr
Selected

transfer to the securities account number

Here, CCV probably stands for 'código cuenta valores'. See link.
Peer comment(s):

neutral philgoddard : I don't think you'd pay an insurance premium to a securities account.
1 hr
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4 KudoZ points awarded for this answer. Comment: "Thanks"
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