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2. Remittance advice - Wikipedia

   en.wikipedia.org/wiki/Remittance_advice

   If the customer does not return a remittance advice, an employee prepares one. Like the cash register tape, the remittance advice serves as a record of cash initially received. Modern systems will often scan a paper remittance advice into a computer system where data entry will be performed. Modern remittance advices can include dozens, or ...

3. Letter of credit - Wikipedia

   en.wikipedia.org/wiki/Letter_of_credit

   Image 1: After a contract is concluded between a buyer and a seller, the buyer's bank supplies a letter of credit to the seller. Image 2: The seller consigns the goods to a carrier in exchange for a bill of lading. Image 3: The seller provides the bill of lading to the bank in exchange for payment. The seller's bank then provides the bill to ...

4. Can a goodwill letter get late payments removed from your ...

   www.aol.com/finance/goodwill-letters-payments...

   A goodwill letter should be written formally, showing your lender that you take your late payment seriously. It shows respect for the process and a willingness to act professionally, which can ...

5. Uniform Customs and Practice for Documentary Credits

   en.wikipedia.org/wiki/Uniform_Customs_and...

   The Uniform Customs and Practice for Documentary Credits (UCP) is a set of rules on the issuance and use of letters of credit. The UCP is utilized by bankers and commercial parties in more than 175 countries in trade finance. Some 11-15% of international trade utilizes letters of credit, totaling over a trillion dollars (US) each year.

6. Advising bank - Wikipedia

   en.wikipedia.org/wiki/Advising_bank

   An advising bank (also known as a notifying bank) advises a beneficiary (exporter) that a letter of credit (L/C) opened by an issuing bank for an applicant (importer) is available. [1] An advising bank's responsibility is to authenticate the letter of credit issued by the issuer to avoid fraud.

7. Harvard faculty appeal to the university’s board to address ...

   www.aol.com/finance/harvard-faculty-appeal...

   Some key members of Harvard’s faculty and the university’s top governing body held an extraordinary meeting last week to address the unprecedented problems at one of America’s most ...

8. Dunning (process) - Wikipedia

   en.wikipedia.org/wiki/Dunning_(process)

   Sample dunning record, from a 1913 business manual. Dunning is the process of methodically communicating with customers to ensure the collection of accounts receivable . Communications progress from gentle reminders to threatening letters and phone calls and more or less intimidating location visits as accounts become more overdue .

9. Medical billing - Wikipedia

   en.wikipedia.org/wiki/Medical_billing

   Medical billing, a payment process in the United States healthcare system, is the process of reviewing a patient's medical records and using information about their diagnoses and procedures to determine which services are billable and to whom they are billed.