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strumenti a vista

English translation: sight deposits / demand deposits

11:39 Jul 10, 2016
Italian to English translations [PRO]
Bus/Financial - Investment / Securities / atto costitutivo azienda
Italian term or phrase: strumenti a vista
Salve,

non riesco a trovare una traduzione adeguata della formula "strumenti a vista". La frase è:

La Società può raccogliere risparmio presso i propri soci ai sensi della vigente normativa ed a condizione che la stessa non venga attuata tramite strumenti a vista

Grazie!
Domenico Torre
Local time: 23:37
English translation:sight deposits / demand deposits
Explanation:
Basically what this is saying is that the company may accept loans from its shareholders, but it can't offer current accounts with withdrawals on demand (sight) and provide the same services that a bank does. It does not have a license to operate as a bank.
You could use "callable deposits". It is tempting to put "sight instruments" but the term is not used in standard UK and US terminology.


http://www.investopedia.com/terms/d/demanddeposit.asp?layout...

http://www.oxforddictionaries.com/definition/english/sight-d...
Selected response from:

James (Jim) Davis
Seychelles
Local time: 01:37
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
5 +3sight deposits / demand deposits
James (Jim) Davis
4on sight (withdrawal) accounts
Andrew Bramhall


  

Answers


11 mins   confidence: Answerer confidence 5/5 peer agreement (net): +3
sight deposits / demand deposits


Explanation:
Basically what this is saying is that the company may accept loans from its shareholders, but it can't offer current accounts with withdrawals on demand (sight) and provide the same services that a bank does. It does not have a license to operate as a bank.
You could use "callable deposits". It is tempting to put "sight instruments" but the term is not used in standard UK and US terminology.


http://www.investopedia.com/terms/d/demanddeposit.asp?layout...

http://www.oxforddictionaries.com/definition/english/sight-d...

James (Jim) Davis
Seychelles
Local time: 01:37
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 80

Peer comments on this answer (and responses from the answerer)
agree  Steven Hanley (X)
1 hr
agree  philgoddard
1 hr
agree  Peter Cox
11 hrs
Login to enter a peer comment (or grade)

14 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
on sight (withdrawal) accounts


Explanation:
The company may collect savings direct from its members in compliance with current regulations and norms on condition that the transfer amounts don't come from sight ( withdrawal) accounts/ instruments ( but may need to be be taken from ' on-call accounts)

Sight deposit account - Financial Dictionary - The Free Dictionary
financial-dictionary.thefreedictionary.com/Sight+deposit+account
Definition of Sight deposit account in the Financial Dictionary - by Free online English dictionary and encyclopedia. What is Sight deposit account? Meaning of ...
Time deposit - Wikipedia, the free encyclopedia
https://en.wikipedia.org/wiki/Time_deposit
A time deposit is a money deposit at a banking institution that cannot be withdrawn for a ... The opposite, sometimes known as a sight deposit or "on call" deposit, can be withdrawn at any time, without any notice or penalty: e.g., money deposited in a checking account in a bank. The rate of return is higher than for savings ...

Andrew Bramhall
United Kingdom
Local time: 22:37
Native speaker of: Native in EnglishEnglish

Peer comments on this answer (and responses from the answerer)
neutral  James (Jim) Davis: The term is deposit taking, not "collect savings" http://markets.ft.com/research/Lexicon/Term?term=deposit_tak...
2 hrs
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