settlement account

Språk: English

1. A settlement account is a type of bank account used to manage and settle payments between two or more parties. It is a financial account that facilitates the exchange of funds between different entities, allowing for the efficient processing of transactions and the reconciliation of accounts.

Relaterte til settlement account

• account for handling and settling payments between two or more parties

På andre språk

• avregningskonto Norwegian
• avregningskonto for flere parter Norwegian
• konto for inn og utbetalinger Norwegian