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If the customer does not return a remittance advice, an employee prepares one. Like the cash register tape, the remittance advice serves as a record of cash initially received. Modern systems will often scan a paper remittance advice into a computer system where data entry will be performed. Modern remittance advices can include dozens, or ...
An electronic remittance advice (ERA) is an electronic data interchange (EDI) version of a medical insurance payment explanation. It provides details about providers' claims payment, and if the claims are denied, it would then contain the required explanations. The explanations include the denial codes and the descriptions, which present at the ...
The EDI Health Care Claim Payment/Advice Transaction Set (835) can be used to make a payment, send an Explanation of Benefits (EOB), send an Explanation of Payments (EOP) remittance advice, or make a payment and send an EOP remittance advice only from a health insurer to a health care provider either directly or via a financial institution.
In 1861, the national economist Albert Schäffle defined a means of communication as an aid to the circulation of goods and financial services, which included, among other things, newspapers, telegraphy, mail, courier services, remittance advice, invoices, and bills of lading.
A remittance is a non-commercial transfer of money by a foreign worker, a member of a diaspora community, or a citizen with familial ties abroad, ...
Wire transfers sent over the SWIFT network were originally completed by the serial transfer of MT103 (customer credit transfer/cash transfer) messages from the initiating financial institutions to the customer via different financial institutions.
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“Salsa is the musical baggage, the stylistic remittance of the diaspora on its return to the Island.” [7] As a cultural remittance, Salsa and other forms of music which have been transformed due to the constant flow of migrants, offers a free form of cultural expression where one can find national belonging, self-identity, or use music as a ...