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what is lot numbers in automatic payment? How to make it?
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Answer Posted / sriniwaas
Checks are divided into check lots which are separated
(physically and logically). Checks which are supplied by a
house bank or printer's are divided this way in different
printer locations or they are in part for the automatic
printing process, in part for a manual filling out. If
different lots are to be used in a certain sequence, a
subsequent lot is to be specified.
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