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pouvoirs bancaires

English translation: signing authorisations / bank mandates

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
French term or phrase:pouvoirs bancaires
English translation:signing authorisations / bank mandates
Entered by: Arnaud d Halluin

14:38 May 20, 2008
French to English translations [PRO]
Bus/Financial - Finance (general)
French term or phrase: pouvoirs bancaires
At first I thought this was "signing authority" (see http://www.businessdictionary.com/definition/signing-authori... but some instances of the phrase have sowed doubt as they seem to refer to a document rather than a power. Could the same phrase be used for "signing authority" (the power) and "the signing authorisation" (the document granting that power"?

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Définition des pouvoirs bancaires
Les pouvoirs bancaires sont signés par les personnes qui peuvent légalement engager la société. Ils sont communiqués à la banque avec les spécimens de signature et les limites d’engagement. Le trésorier s’assure que la banque a confirmé que les pouvoirs ont bien été enregistrés.
La liste des personnes bénéficiant de pouvoirs bancaires et des personnes habilitées à réaliser des opérations financières au nom de la société doivent être nommément désignées par écrit.
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Tout paiement fait l’objet d’une double signature conformément aux pouvoirs bancaires, électroniques.

Thanks
Wendy Cummings
United Kingdom
Local time: 23:20
signing authorisations
Explanation:
Indeed. The same term is used in french for both the power and the document granting it.

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Note added at 10 mins (2008-05-20 14:49:12 GMT)
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Lexeek - Modèle de pouvoirs bancaires pour un gérant d'entreprise
Modèle de pouvoirs bancaires pour un gérant d'entreprise. - Recherche et échange de documents juridiques et administratifs.
www.lexeek.com/droit/5635-modele-pouvoirs-bancaires-pour-ge... - 118k -

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Note added at 13 mins (2008-05-20 14:52:19 GMT)
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The link above doesn't seem to work. Sorry.
Selected response from:

Arnaud d Halluin
France
Local time: 00:20
Grading comment
Thanks. Bank mandates would do just as nicely.
4 KudoZ points were awarded for this answer



Summary of answers provided
5 +1signing authorisations
Arnaud d Halluin
4 +1bank mandates / bank mandate instructions
Julie Barber
4banking resolution
wfarkas (X)


  

Answers


8 mins   confidence: Answerer confidence 5/5 peer agreement (net): +1
signing authorisations


Explanation:
Indeed. The same term is used in french for both the power and the document granting it.

--------------------------------------------------
Note added at 10 mins (2008-05-20 14:49:12 GMT)
--------------------------------------------------

Lexeek - Modèle de pouvoirs bancaires pour un gérant d'entreprise
Modèle de pouvoirs bancaires pour un gérant d'entreprise. - Recherche et échange de documents juridiques et administratifs.
www.lexeek.com/droit/5635-modele-pouvoirs-bancaires-pour-ge... - 118k -

--------------------------------------------------
Note added at 13 mins (2008-05-20 14:52:19 GMT)
--------------------------------------------------

The link above doesn't seem to work. Sorry.

Arnaud d Halluin
France
Local time: 00:20
Specializes in field
Native speaker of: French
PRO pts in category: 8
Grading comment
Thanks. Bank mandates would do just as nicely.

Peer comments on this answer (and responses from the answerer)
agree  :::::::::: (X)
10 mins
  -> Thanks
neutral  Jean-Claude Gouin: Êtes-vous certain que ce n'est pas 'authoriZations'?
14 mins
  -> I assume the original European English spelling was with an S and the American English spells it with a Z, like most similar words.
Login to enter a peer comment (or grade)

29 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
bank mandates / bank mandate instructions


Explanation:
Mandates are just the documents that you type up + send off to the bank saying who can sign + their limits and possibly who can sign with who if 2 signatures are needed for example - you might have 2 columns with the authorised signatories and have to use one signatory from each. They can be typed up in the form of minutes signed by the directors of the company (hence those with the authority to sign up for undertakings etc)

Bank mandate instruction
http://www.keldagroup.com/kel/investors/shareservices/sharef...

Julie Barber
United Kingdom
Local time: 23:20
Works in field
Native speaker of: English
PRO pts in category: 132

Peer comments on this answer (and responses from the answerer)
agree  AllegroTrans
48 mins
  -> thanks
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13 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
banking resolution


Explanation:
A written statement made by the Board of Directors detailing which officers are authorized to transact banking business (including type and signing limits) on behalf of the corporation.

A certified copy is delivered by the Secretary of the corporation for presentation by the authorized officer actually signing on behalf of the corporation.


wfarkas (X)
Canada
Local time: 18:20
Specializes in field
Native speaker of: Native in EnglishEnglish, Native in FrenchFrench
PRO pts in category: 62

Peer comments on this answer (and responses from the answerer)
neutral  Julie Barber: for your explanation - that depends on the country. For the UK we don't 'certify' documents, Company Secretaries don't have to send it and nobody has to present it when signing.
6 hrs
  -> Thank you for the information. Out of curiosity, taking a practical example, how do you prove to the Lending Bank that you are an authorized signatory of the borrowing corporation, when you represent said corporation at a loan closing ?
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