Daria
What does it mean 'BATCH/HOST' in a cheque? MERCHANT: 11111111 TERMINAL: 11111111 SEQUENCE: 1111 BATCH/HOST: NI
2019년 11월 30일 오전 10:35
답변 · 3
1
"batch" tends to mean doing multiple things in one go. Such as sending out a lot of paycheques in one operation. Googling leads to many pages that talk of instructions on how to arrange accounting and payroll software to issue multiple cheques for this sort of thing. Sorry, not my area. Paying a number of creditors - MoneyWorks https://www.cognito.co.nz › manual › moneyworks_creditors_paying_a_n... To pay a number of creditors at one time, use the Batch Creditors Payments ... Payment Method: In practice you may pay some creditors by cheque, some by ... A glossary of terms used in payments and settlement systems ==> batch the transmission or processing of a group of payment orders and/or securities transfer instructions as a set at discrete intervals of time. No entry for "host" Host may be an extenson of the normal English meaning of the word, altough this sort of sense seems rare in finace. That is it may mean the issuing place, organisation or system. Cheques are rare here now. Little experience.
2019년 11월 30일
Turned my comment into a partial answer.
2019년 11월 30일
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