Glossary entry

French term or phrase:

"la perception par la banque de frais d’études"

English translation:

the bank charging [fees/costs]

Added to glossary by Angel_7
May 3, 2007 14:34
17 yrs ago
5 viewers *
French term

"la perception par la banque de frais d’études"

French to English Law/Patents Law: Contract(s) real estate loan
This is if the loan offer is withdrawn due to the borrower having given incorrect information about his financial circumstances:

La rétractation de l’offre ou l’interruption de l’exécution du contrat de prêt donnera lieu à la perception par la banque de frais d’études d’un montant de ...
Proposed translations (English)
2 +2 the bank charging [fees/costs]

Proposed translations

+2
15 mins
Selected

the bank charging [fees/costs]

I am not near my dictionaries right now so cannot check this, but I imagine that the "frais d’études" are the fees incurred in drawing up the relevant documentation.

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Note added at 58 mins (2007-05-03 15:32:41 GMT)
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Yes, I guess so. "Perception" is the receipt by the bank of the fee (literally "will give rise to receipt by the bank of ...", but I would expect to see this drafted in more active terms, such as the bank charging or passing on its costs to the borrower. How about "If the offer is rescinded or the terms of the loan are not complied with, the bank shall charge a fee of [ ]..."

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Note added at 59 mins (2007-05-03 15:34:06 GMT)
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Actually, not "offer is rescinded" - "offer is withdrawn" is better.
Note from asker:
Would this be the same as an "admin fee". What about "la perception"?
Peer comment(s):

agree cristina estanislau
29 mins
Thanks, Cristina
agree BusterK : perception means it will charge and receive...
37 mins
Thanks, BusterK
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4 KudoZ points awarded for this answer.
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