remittance advice


A document that describes payments that are being made. The person or company that is making the payment will sometimes include a remittance advice, which is like a receipt of the payment. A remittance advice is usually used by companies processing either a purchase or a filed claim. This term is frequently used in the United Kingdom.

Use remittance advice in a sentence

I was glad to have remittance advice because it meant that payments were being made and everything was gonna be okay.

​ Was this Helpful? YES  NO 11 people found this helpful.

The remittance advice was included as part of the 200 page document that fully explained the details of the business relationship.

​ Was this Helpful? YES  NO 5 people found this helpful.

I sent a remittance advice to the seller along with my payment, but I will have to send a corrected one because the document I sent accidentally included some invoice numbers from a different order.

​ Was this Helpful? YES  NO 8 people found this helpful.

Show more usage examples...

Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
remittance remittance float