Remittance
Whether you’re talking about a transfer remittance or a direct debit remittance, the remittance form must be filled in by the instructing party with all the information needed to proceed with the payment or direct debit, then sent to the bank for execution.
Related definitions
Deposit slip
The deposit slip is a document handed over by a client to his banker, as part of a deposit or
Transfer order
A transfer order is given by the owner of a bank account, whether an individual or a company, to pay
Direct debit order
A direct debit order is an instruction to a bank to debit an amount due from a specific bank account.