What is meant by payment advice, in terms of automatic
payment program?
Is the payment advice sent to the vendor or the bank.
If any of guys can give me brief description as to what is
the signifance of payemnt advice in APP, It would be of
great help
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Answer Posted / imran m
Payment Advice is nothing but a note, sent to customer or
recieve from vendors containig the deails of the clearing
the whole balance,partially and date of invoice etc.
The payment adivce is sent to vendor not to the bank.
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