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Reimbursement or other compensation paid by a person or organization that wasn't directly involved in the event that gave rise to the payment (i.e., a 'third party'). For example, you undergo medical treatment. Your insurance company (the third party) reimburses your medical provider.
What else can I help you with?
Who is the drawer of a third party check?
the party to whom payment is to be made
What are the effects in payment is made by third person?
When a payment is made by a third person, it can lead to several effects, such as the discharge of the original debtor's obligation if the creditor accepts the payment. This can also establish a new relationship between the third party and the debtor, as the third party may seek reimbursement. Additionally, the creditor may need to confirm the legitimacy of the payment to avoid disputes. Overall, third-party payments can complicate financial transactions and relationships.
What is a third-party payment?
Reimbursement or other compensation paid by a person or organization that wasn't directly involved in the event that gave rise to the payment (i.e., a 'third party'). For example, you undergo medical treatment. Your insurance company (the third party) reimburses your medical provider.
What is a third party payment and how can it protect buyers right?
Third party payment is an effective way to solve troubles in payment. It can guarantee the goods quality and reliable exchange, and the exchange of a purchase. It will monitor the processes of trade to ensure the both buyer and seller are honest. The third party payment offers necessary support for ensuring a successful business in e-commerce. In international trade, third party payment is more important too. Recently some famous platforms existed are Paypal of ebay , Escrow in USA , Safe Trade
What is the functions of the different means of payment for a third party payments?
pussy
What do modifiers affect?
the way payment is made by third party payeer.
What is a bank account that permits direct payment to a third party?
Transactions Account
The payment a health care provider receives from a third party payer is a?
reimbursment
Can you make payment for a order self cheque to a third party?
Self cheque can not isssue to third party this is for personnal use of individal I.e. account holder
What is a three party fed wire?
Actually, it is called a third party Fedwire. What it means is that a Fedwire payment, which is a real-time payment made over the Federal Reserve's Fedwire Funds Transfer system is being either initiated or received by a bank's customer (the "third party"). Many Fedwire payments are between banks (from one bank to another bank). But when a Fedwire payment involves a bank's customer, it is called a "third party" Fedwire.
What is the term for a bank account that permits direct payment to a third-party?
Transactions account
What can you do when your insurer has paid out the third party but is holding back your payment because you faild to disclose your second driver had three points on there license?
my insurer has paid third party but is with holding my payment because i failed to inform them my second driver had three points on there license
