The customer must sign the bottom of the bill of lading for it to be accepted by the bank.īusinesses have the option of choosing templates from several suppliers. The regular bill shows all of the details of the credit card transaction, while the bill of lading contains all of the specifics of the transaction, including the name of the business, the customer’s name and address, the account number and the amount of money being transferred. They are usually returned to the customer in batches. Errors can often be rectified if the correct information is located in the template.Ĭustomers sometimes receive two bills a regular bill and a bill of lading. It is important that the bill of lading accurately reflects all of the terms and conditions associated with the transaction. It describes the details of the transaction and explains what fees may be due. A bill of lading is simply a piece of paper that is issued by a banking institution and contains the routing information.
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