COD.ID.ORD.

English translation: originator identification code

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Italian term or phrase:COD.ID.ORD.
English translation:originator identification code
Entered by: Daniel Gold

14:08 Feb 18, 2019
Italian to English translations [PRO]
Bus/Financial - Finance (general) / Bank Statement
Italian term or phrase: COD.ID.ORD.
This term precedes what looks like an IBAN number. I can't decide whether ORD stands for "order" or "instructing party" (or something similar).
Context:

COD.ID.ORD
IT68 XXXX XXXX XXXX XXXX XXXX XXX BANCA ORDINANTE

For "banca ordinante", I understand "instructing bank".

Thanks.
Daniel Gold
Israel
Local time: 12:34
originator identification code
Explanation:
I think this makes sense given that the IBAN refers to the Banca “Ordinante".

By the way, the English equivalent of “ordinante” in the European SEPA bank (or credit) transfer system is “originator", see:

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Note added at 6 days (2019-02-25 11:34:34 GMT) Post-grading
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Glad to be of help
Selected response from:

Dominic Currie
Italy
Local time: 11:34
Grading comment
thanks you saved the day
4 KudoZ points were awarded for this answer



Summary of answers provided
3originator identification code
Dominic Currie


  

Answers


18 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
originator identification code


Explanation:
I think this makes sense given that the IBAN refers to the Banca “Ordinante".

By the way, the English equivalent of “ordinante” in the European SEPA bank (or credit) transfer system is “originator", see:

--------------------------------------------------
Note added at 6 days (2019-02-25 11:34:34 GMT) Post-grading
--------------------------------------------------

Glad to be of help


    https://www.europeanpaymentscouncil.eu/sites/default/files/kb/file/2018-11/EPC121-16%20SCT%20Inst%20C2B%202019%20V1.0.pdf
Dominic Currie
Italy
Local time: 11:34
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 95
Grading comment
thanks you saved the day
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