Reverse positive pay: Difference between revisions
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imported>Administrator (CSV import) |
imported>Doug Williamson m (Spacing 20/8/13) |
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''Banking''. | ''Banking''. | ||
A service that transmits to the issuing company a file of cheques presented for payment that the company matches to its register data for cheque fraud control. The company contacts the financial institution if any items are to be returned. | |||
A service that transmits to the issuing company a file of cheques presented for payment that the company matches to its register data for cheque fraud control. | |||
The company contacts the financial institution if any items are to be returned. | |||
== See also == | == See also == | ||
* [[Positive pay]] | * [[Positive pay]] | ||
Revision as of 14:20, 20 August 2013
Banking.
A service that transmits to the issuing company a file of cheques presented for payment that the company matches to its register data for cheque fraud control.
The company contacts the financial institution if any items are to be returned.
