Profile for Remittance Advice

Businesses often struggle with reconciling payments and remittance details, leading to delays and inefficiencies.

We have developed a structured approach to e-remittance based on ISO 20022 remt.001, making it easier to exchange remittance advice digitally.

Why It Matters

• Standardized format for all payment methods.
• Faster reconciliation through structured data and unique identifiers.
• Simple integration with ERP systems.
• Support for ACH, wire, card, and check payments.

By adopting e-remittance, companies can reduce costs, speed up payment matching, and improve cash flow management.

Download the DBNAlliance Profile for Remittance Advice for more information.