Length of time it takes for a payment to be sent to a receiver and converted to a liquid form. For example, if a customer pays a company by check, the remittance float would be the time it takes for the check to reach the company and then be cleared.
Related information about remittance float:
- Remittance Float Definition | Investopedia
The time it takes for a payment to be sent from the remitter (payer) to the recipient and become liquid again. This term applies to all forms of payment, whether it's ...
- What is remittance float? definition and meaning
Definition of remittance float: Length of time it takes for a payment to be sent to a ... For example, if a customer pays a company by check, the remittance float ...
- What is remittance advice? definition and meaning
REMIC · reminder · remise · remit · remittance · remittance float · remote deposit · removal · remunerate · remuneration. Tools; Email; Print; Cite; Link. Copy and ...
- Alan West Group |
We have extensive practical experience in remittance float work and provide ... We offer wholesale and retail remittance float studies to identify strategies to ...
- PhoenixHecht.com - Products: Postal Survey
Total float, representing the number of calendar days between the mailing date and the date funds are made available, measures remittance float as the ...
- PhoenixHecht.com - Consultants
With more than 25 years of float modeling experience using the Phoenix-Hecht Collection Model we have the insight to design and execute a remittance float ...
- Wholesale and Retail Lockbox
Not only can a PNC retail lockbox save you time and reduce your costs, but it can also minimize remittance float and provide one, integrated image-based ...
- transit float
remittance float — Float due to the time a payment is in transit. This is often called mail float since its major component is the time it takes a remittance to move ...