Recently we had Xerox printers installed and we could not get the transparancy to play nice with the printer, printing a small strip up the side of the page. We have now found a solution to the problem and after installing PS drivers and changing the settings on the driver page under the PC3 we use to the settings noted below all works fine. Thank you to placidrefining for their solution, which can be found on the following page. Whilst they note that this works with a 7970 printer, we have found that it works with our model as well.
I have posted the images below from that post here for reference.