Remittance Information

is a reference issued by the seller used to establish a link between the payment of an invoice and the invoice instance. The reference helps the seller to assign an incoming payment to the invoice by using a reference such as the invoice number or a purchase order number. Remittance Information can be structured according to a standard or can be unstructured. The buyer should indicate this reference when executing the relevant payment and during the execution of the payment transaction the reference is transferred back to the seller as remittance information.

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