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English definition of “remittance advice”

remittance advice

noun [C]    
ACCOUNTING, COMMERCE a document that is sent by someone who makes a payment to the person receiving it, with details of the amount , method of payment , etc.: If the payment is by BACS, the remittance advice will include the BACS reference .
(Definition of remittance advice noun from the Cambridge Business English Dictionary © Cambridge University Press)
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