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Former Member

Banking

Hi experts,

what is the use of PLA in Banking - OutGoing Payments?

and why not available in Incoming Payments?

and another doubt , in which scenario we will put outgoing payments for Customer?

kindly explain me.

regard

Anand

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1 Answer

  • Best Answer
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    Former Member
    Posted on Mar 25, 2011 at 06:18 AM

    Hi Anand,

    In common business practice, only outgoing payment need to be controlled on bank level.

    For customer credit memo, you may need use outgoing payments for Customer.

    Thanks,

    Gordon

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