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remittance advice

a document confirming a payment has been sent

In Banking & Finance

In more detail

A document sent by a payer to a payee that shows the details of a payment being made, such as the invoice numbers, amounts paid, and any deductions or adjustments

Examples

• The accountant attached a remittance advice to the check so the supplier would know which invoices were being paid.

Nearby in Banking & Finance

stagflation, collateralize, disbursement, clearing house, credit line, debenture