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ASC X9 TR 45-2016

Retail Debit Balances Best Practices and Procedures - Technical Report March 2016

This Technical Report describes an industry standard for best practices for debit balances, including defining standardized terms and procedures. This document will be a useful tool for retail industry members who seek to improve and standardize how debit balances are processed among various trading partners. As a result, this will create efficiencies, potential cost savings in terms of reduced labor, and improved cash management.


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Accredited Standards Committee, Inc. - Financial Industry Standards [ascx9]


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