Respuesta :
To minimize the risk of theft of consumer remittances, the person who handles and deposits customer payments can also none any of these activities can be performed by the person who handles and deposits customer payments.
What's Payment?
- A payment is the voluntary tender of plutocrat or its original or of effects of value by one party( similar as a person or company) to another in exchange for goods, or services handed by them, or to fulfill a legal obligation.
- The party making the payment is generally called the payer, while the payee is the party entering the payment.
- Payments can be effected in a number of ways, for illustration
- The use of plutocrat, cheque, or disbenefit, credit or bank transfers.
- The transfer of anything of value, similar as stock, or using trade, the exchange of one good or service for another.
What's the payment procedure?
- Payment Procedures means the procedures for carrying payments from one or further of the Portfolios in which a party maintains an account, established from time to time by the Chief Investment Officer.
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