Payee and Service level agreement: Difference between pages

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The party to which a cheque is made payable.
(SLA).
 
1.
 
An SLA formalises the relationship between a bank's customer and its bank, by covering the minimum standards of service expected by the customer - including key performance indicators (KPIs) - and agreed to by the bank.
 
 
2.
 
SLAs are also used between one bank and another. For example, where a bank provides services to its own customers indirectly, through a correspondent bank.
 
 
3.
 
More generally, any similar agreement between a customer and a service provider.




== See also ==
== See also ==
* [[Cheque]] (US: check)
* [[Alliance bank]]
* [[Correspondent banking]]
* [[Key performance indicator]]
* [[QA]]
* [[Report card]]
* [[SLA partner banking]]


[[Category:Cash_management]]
[[Category:Compliance_and_audit]]
[[Category:Liquidity_management]]

Latest revision as of 14:56, 18 May 2016

(SLA).

1.

An SLA formalises the relationship between a bank's customer and its bank, by covering the minimum standards of service expected by the customer - including key performance indicators (KPIs) - and agreed to by the bank.


2.

SLAs are also used between one bank and another. For example, where a bank provides services to its own customers indirectly, through a correspondent bank.


3.

More generally, any similar agreement between a customer and a service provider.


See also