May 27, 2010 19:04
13 yrs ago
1 viewer *
Spanish term

carta

Spanish to English Bus/Financial Finance (general)
Los pagos en moneda extranjera se pueden emitir por medio de:

* Pagos a través de Cartas (CADIVI)


May I translate this as "letters of credit"? The author uses "cartas" throughout the document (a procedure manual), but never explicitly refers to it as a letter of credit.

Thanks in advance.

Proposed translations

+1
14 mins
Selected

Letter of Authorisation

This relates to the CADIVI - Comisión de Administración de Divisas - which regulates all transactions in foreign currencies. There are many regulations controlling these transactions, so I think letter of authorisation (or authorisation letter) may be more appropriate in this case.

See link to Venezuelan government site which may help.
Peer comment(s):

agree amendozachisum : agree
1 hr
Gracias!
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4 KudoZ points awarded for this answer. Comment: "Thanks, Kittilina"
1 hr

Letter of Credit// Standby letter of credit

Depende del contexto, usar uno u otro
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