Remittance Advice
/rɪˈmɪtns əˈvaɪs/
Definitions
- (n.) A document sent by a payer to a payee indicating the details of a payment made, often to reconcile an invoice or account.
The company included a remittance advice with the check to clarify which invoices were being paid.
Forms
- remittance advice
- remittance advices
Related terms
See also
Commentary
Remittance advice serves as a practical tool for confirming payment details and avoiding disputes in financial transactions.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.