Presentment

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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 classic literature ?
For the first time our eyes rested upon this presentment of the great emperor, which seemed to raise such frantic and destructive hatred in the mind of the unknown.
As a payment systems company, Spectrum routes online payments, presentments, invoices, statements and other related information.
KUBRA, the leader in customer communication and relationship management outsource solutions, and Spectrum EBP, a bank-centric payment systems company, announced today a strategic alliance to certify KUBRA as a biller service provider (BSP) offering outsource services to billers and financial institutions through Spectrum's electronic bill presentment and payment (EBPP) network.
Morgan Chase, Wachovia and Wells Fargo, Spectrum routes online payments, presentments, invoices, statements and other related information through an EBPP switch.
TransPoint forwards electronic presentments to Citibank for retail customers.