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

Along with receiving payments, many company's send remittance advice that shows what invoice is being paid.

​ Was this Helpful? YES  NO 1 out of 1 people found this helpful.

Show more usage examples...

Browse 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