Presentment


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Related to Presentment: Notice of dishonor

Presentment

1. See: Deposit.

2. See: Bill presentment.

3. The act in which a bank submits a financial instrument to another bank and demands payment on the instrument.
References in periodicals archive ?
Discussions of new operational concepts involving electronic check presentment and check imaging and of potential ways to test the concepts
However, this will change as electronic bill presentment and payment products become more sophisticated with the inclusion of features such as secure email delivery and as the technology becomes increasingly implemented in business-to-business ecommerce.