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What does account payee mean?
payee is the person whom the cheque, draft or money order is made out to.
What does it mean when the payee line says ABO?
When the payee line on a check or payment document says "ABO," it typically refers to "All Bills Outstanding," indicating that the payment is intended to cover all outstanding bills or obligations. This designation helps clarify the purpose of the payment, ensuring that it is applied to any existing debts or invoices. It's important for both the payer and the payee to maintain clear records to avoid confusion regarding which bills are being settled.
what does return reason -b.....uncollected funds hold- mean, if you have enough in your acct for the check, & you also pay for having "NO Checks returned"...please explain.....?
It means the returning bank knows what�??s wrong with a check, but is refusing to tell both the depositary bank and the payee.
What is the difference between a crossed cheque and account payee's cheque?
They both mean the same
What does cr to acct of payee abs of end gtd wfnalbx mean?
absence of endorsement is guaranteed
What does account payee mean?
payee is the person whom the cheque, draft or money order is made out to.
What does it mean when the payee line says ABO?
When the payee line on a check or payment document says "ABO," it typically refers to "All Bills Outstanding," indicating that the payment is intended to cover all outstanding bills or obligations. This designation helps clarify the purpose of the payment, ensuring that it is applied to any existing debts or invoices. It's important for both the payer and the payee to maintain clear records to avoid confusion regarding which bills are being settled.
Who appoints the secretary of the treasury?
Secretary of the Treasury of where? If you mean the U.S., then the President is your answer.
What does lost payee mean?
A loss payee is the person or company who will be paid if property is damaged. Typically it's the lender if a car, copier, home, etc. is financed.
What does this science term revolution mean?
It a system of "checks and balances" that keep the solar system in line to an most unique orbital feature.
what does return reason -b.....uncollected funds hold- mean, if you have enough in your acct for the check, & you also pay for having "NO Checks returned"...please explain.....?
It means the returning bank knows what�??s wrong with a check, but is refusing to tell both the depositary bank and the payee.
What is the difference between a crossed cheque and account payee's cheque?
They both mean the same
What does payee mean in insurance terms?
In insurance terms, a payee is the individual or entity designated to receive payment from an insurance policy or claim. This can include policyholders, beneficiaries, or third parties, depending on the context of the claim. The payee may receive benefits such as claim payouts or settlements. It's important for the policyholder to specify the correct payee to ensure timely and accurate payments.
What branch has more checks?
If you mean "checks and balances", then it is equal
What does cr to acct of payee abs of end gtd wfnalbx mean?
absence of endorsement is guaranteed
What does credit to account of payee absence of endorsement guaranteed mean?
"Credit to account of payee absence of endorsement guaranteed" refers to a banking practice where a check or negotiable instrument is credited to the payee's account even if it lacks a proper endorsement. This means the bank assumes responsibility for the transaction and guarantees that the funds will be credited, protecting the payee from potential issues related to the absence of a signature. Essentially, it allows for a smoother transaction process, ensuring the payee receives the funds without delay.
What does the spanish word 'hacienda' mean?
"Hacienda" could refer to: 1.- Farm, ranch. 2.- Treasury (as in Secretary of the Treasury)
