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A payment suspense refers to a temporary holding account where funds are placed when there is uncertainty or incomplete information regarding their allocation. This can occur in various financial contexts, such as accounting or banking, when payments cannot be processed immediately due to discrepancies or missing documentation. The suspense account allows for tracking these transactions until the necessary details are clarified and the payment can be properly assigned. Once resolved, the funds are either allocated to the correct account or returned to the sender if no valid claim is found.

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2w ago

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How do you remove payment from suspense account to customers account?

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The Forbearance Suspense Amount shows any payment amounts not yet applied to principal, interest, or escrow. These funds will remain in a Forbearance Suspense Account until they are properly designated


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Net NPA = Gross NPA - (Balance in Interest Suspense account + DICGC/ECGC claims received and held pending adjustment + Part payment received and kept in suspense account +Total provisions held).


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Net NPA = Gross NPA - (Balance in Interest Suspense account + DICGC/ECGC claims received and held pending adjustment + Part payment received and kept in suspense account +Total provisions held)


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That is the correct spelling of "suspense" (anxiety, uncertainty).


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suspense meaning in telugu theliyakundaunchadam