Meaning & use

remittance advice

noun·Advancedbusinessfinance

Last updated

UK/rɪˈmɪtns ədˌvaɪs/
US/rɪˈmɪtns ədˌvaɪs/

Meaning

  1. nouncountable or uncountablebusinessfinance

    A document sent to a supplier or payee saying that a payment has been made and listing which invoices or items it covers.

    Grammar: Often countable: a remittance advice, but advice itself is uncountable, so some write remittance advice notes.

    Patterns

    • remittance advice for something
    • send a remittance advice

    The client emailed a remittance advice showing which invoices were paid.

    Please attach the remittance advice when you contact our accounts team.

    Without a remittance advice, we could not match the payment to your order.

Word forms

pluralremittance advices

Common combinations

send a remittance advice
We send a remittance advice once the transfer is made.
remittance advice note
The accountant filed the remittance advice note.
match a payment to a remittance advice
Our team matched each payment to a remittance advice.
request a remittance advice
The supplier asked us to request a remittance advice.
attach a remittance advice
Please attach a remittance advice to your reply.

Synonyms and how they differ

payment notice
Is a plainer description but does not always list the invoices covered.
payment advice
Is nearly identical and is simply a shorter form used in some countries.
receipt
Is issued by the person receiving money, whereas a remittance advice comes from the payer.
statement
Summarizes an account over time, not one specific payment.

Word family

remit verb
to send money as payment
remittance noun
a sum of money sent
remitter noun
a person who sends a payment

Commonly confused: remittance advice or invoice?

remittance advice vs invoice

An invoice is a request for payment sent by the seller; a remittance advice is sent by the payer after paying.

Practice

Who normally sends a remittance advice?

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