Remittance Advice

A remittance advice is a financial document which is sent with payment to inform a supplier which invoices are being paid. A remittance advice is a source document.

A remittance advice can be issued regardless of how a payment is made. What follows is a list of how payments can be made:

• cash
• cheque
• debit card
• credit card
• direct debit
• standing order
• faster payments
• Banker's Automated Clearing Service (BACS)
• Clearing House Automated Payment System (CHAPS)
• bank draft