cash in transit liability insurance

Greek translation: ασφάλιση ευθύνης μετρητών σε μεταφορά

16:43 Feb 28, 2010
English to Greek translations [PRO]
Bus/Financial - Insurance / ..
English term or phrase: cash in transit liability insurance
type of evidence of insurance
Viole T.
Greece
Local time: 10:04
Greek translation:ασφάλιση ευθύνης μετρητών σε μεταφορά
Explanation:
ασφάλιση ευθύνης μετρητών σε μεταφορά
cash in transit: Money that you have physically taken to the bank and deposited, but due to timing / processing delays, does not show up on the bank statement.
For instance: You take a deposit for $1,000 to the bank on Friday the 30th at 3:00, you record it on your books, but due to the way banks operate deposits after 3:00 are posted the next day and your deposit show up on the following month's bank statement as a deposit on the 1st of the month. THAT is cash in transit / deposit in transit.
Selected response from:

Christina Moulinou
Greece
Local time: 10:04
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
3ασφάλιση ευθύνης μετρητών σε μεταφορά
Christina Moulinou
3ασφάλιση ευθύνης και μεταφοράς χρημάτων
Dave Bindon


  

Answers


20 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
ασφάλιση ευθύνης μετρητών σε μεταφορά


Explanation:
ασφάλιση ευθύνης μετρητών σε μεταφορά
cash in transit: Money that you have physically taken to the bank and deposited, but due to timing / processing delays, does not show up on the bank statement.
For instance: You take a deposit for $1,000 to the bank on Friday the 30th at 3:00, you record it on your books, but due to the way banks operate deposits after 3:00 are posted the next day and your deposit show up on the following month's bank statement as a deposit on the 1st of the month. THAT is cash in transit / deposit in transit.

Christina Moulinou
Greece
Local time: 10:04
Native speaker of: Greek
PRO pts in category: 8
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21 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
ασφάλιση ευθύνης και μεταφοράς χρημάτων


Explanation:
"cash in transit liability insurance" seems to be a non-standard term. "Cash in Transit Insurance" and "Ασφάλιση μεταφοράς χρημάτων" both cover the *owner* of the money, whereas "Liability Insurance" would cover the 3rd party transporting the money.


    Reference: http://www.insmoney.gr/lexicon.htm
    Reference: http://www.coversure.com.au/security.php
Dave Bindon
Greece
Local time: 10:04
Native speaker of: English
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