bill presentment definition

bill presentment

Banking: Submission of a bill of exchange by the presenting bank to the drawee for acceptance (if it is a time draft) or for payment (if it is a sight draft).

Digital commerce: Submission of an invoice via the internet so that the client, customer, or subscriber can examine it before making online payment.

bill presentment is in the Banking, Commerce & Finance and E-Commerce subjects.

bill presentment appears in these other term: electronic bill presentment and payment

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