Glossary entry

French term or phrase:

Comm Pereq Change

English translation:

exchange equalization charge

Added to glossary by pooja_chic
Jan 21, 2015 20:41
9 yrs ago
French term

Comm Pereq Change

French to English Other Finance (general) Account statement
Libellé opération
Frais de Tenue de Compte,
Comm Pereq Change et Garantie
Interets Debiteurs

Corresponding amount is in Debit.

Proposed translations

5 hrs
Selected

exchange equalization commission/fee

Document from Tunisia, by any chance?

The unabbreviated source phrase is 'commission de péréquation des changes'.

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Note added at 5 hrs (2015-01-22 02:07:53 GMT)
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Could be plural: commissions/fees.
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3 KudoZ points awarded for this answer. Comment: "Thank you"
2 days 6 hrs

commission/fee for foreign exchange equalization.

Comm Pereq Change = commission de perequation des changes

My understanding is that the Central bank is in charge of buying foreign exchange (FOREX) for the importing or exporting sector in countries where the foreign exchange market is under control. Accordingly, the central bank charges fees or commission due to the FOREX risk (exchange rates fluctuate all the time).

The Tunisian example illustrates my explanation

http://www.apbt.org.tn/reglementation.php?code=46&annee=30

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