Examlex
What is a portal system and how does it function
Properly Payable
Refers to funds that a bank must legally disburse in accordance with the directives on a check or draft presented.
Date
A specific point in time, typically described with a day, month, and year.
Payee Name
The name of the individual or entity entitled to receive payment as indicated on a financial instrument, like a check or wire transfer.
Financial Services Modernization Act
Legislation enacted in 1999, also known as the Gramm-Leach-Bliley Act, which allowed integration among banks, securities companies, and insurance companies.
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