https://ita.proz.com/kudoz/italian-to-english/law%3A-contracts/4591880-salvo-buon-fine-e-a-maturazione-valuta.html
This site uses cookies. Some of these cookies are essential to the operation of the site, while others help to improve your experience by providing insights into how the site is being used. For more information, please see the ProZ.com privacy policy.
Cookie settings
se ne sta volontieri sulle sue
costi non di competenza

Glossary entry

Italiano term or phrase:

salvo buon fine e a maturazione valuta

Inglese translation:

subject to collection and with interest accruing from the value date

Added to glossary by Maria Burnett
Nov 16, 2011 17:09
13 yrs ago
6 viewers *
Italiano term

salvo buon fine e a maturazione valuta

Da Italiano a Inglese Legale/Brevetti Legale: Contratti contract
I found a translation for salvo a buon fine, but I don't really understand it. I realize it is more than one term but I think you need all I put in for full understanding.
More text for you;

A tal fine la rimessa da parte dei Clienti di titoli di credito non varrà come pagamento, ma salvo buon fine e a maturazione valuta.
Proposed translations (Inglese)
4 subject to collection and with interest accruing from the value date
5 subject to collection and hold
4 subject to collection and to accrual of value
3 subject to collection and at bank's value date
References
Glossary Entry for Salvo buon fine (no article there)
Change log

Nov 16, 2011 17:18: Russell Jones changed "Term asked" from "salvo a buon fine e a maturazione valuta" to "salvo buon fine e a maturazione valuta"

Proposed translations

2 ore
Selected

subject to collection and with interest accruing from the value date

"valuta" here means the "value date" which is date on which interest starts to accrue. Interest may well accrue from the date on (for example) a check, but the cheque could easily clear (be collected) well after that date. So payment will be considered when the check is collected with interest. This kind of thing is important when you consider discounts and trade credit (payment within 30 days and so on). I don't think there is a standard term for this "a maturazione valuta" in English.
Something went wrong...
4 KudoZ points awarded for this answer.
19 min

subject to collection and to accrual of value

but it will be .......................

just an option for the whole request

HIH
Something went wrong...
6 ore

subject to collection and hold

"salvo buon fine" means "subject to collection"; "maturazione valuta" means, literally, "occurrence of the value date." However, no interest need be applied - it merely means that the check must not only clear, but the holding period must elapse before the funds are available. So two conditions must be met before the funds are available; even if the check clears and the bank receives payment, the funds will not be released until the value date. And if the value date lapses but the check has not cleared, the funds will likewise not be available.
Example sentence:

salvo buon fine a maturazione valuta: l’accredito degli effetti avviene a scadenza più giorni banca senza attendere la comunicazione di pagato.

Reference:

http://www.popves.it/Trasparenza/Fogli_informativi/Incassi_commerciali.pdf

Peer comment(s):
neutral James (Jim) Davis : Interesting, but is not the same thing. Valuta is often shorther than the holding period . http://www.investopedia.com/terms/c/check-hold.asp#axzz1eAKA...
3 giorni 15 ore
Something went wrong...
2 giorni 16 ore

subject to collection and at bank's value date

I agree with Steven reference and that interest is not involved here.
Maturazione valuta simply means the number of days the bank takes before you can actually use the funds. Therefore you do not recognise the payment received by your customer until you actually have the funds available on your account (this is the meaning here) and subject to collection.


--------------------------------------------------
Note added at 2 days16 hrs (2011-11-19 10:07:55 GMT)
--------------------------------------------------

Sorry I meant to indicate confidence 4
Something went wrong...

Reference comments

3 min
Reference:

Glossary Entry for Salvo buon fine (no article there)

Peer comments on this reference comment:
agree SYLVY75 : :)
5 ore
Oh, buondì, S. e grazie!
agree Daniela Zambrini : ;-)
8 ore
Grasssie, super-D.!
Something went wrong...