We have a trading partner that wants to implement 820's with us. From what I'm seeing, 820 would be for the trading partner to receive payments from a bank or third party.
OK...but we never send this partner checks, they pay us.
Does the 820 also go the other way, to allow the trading partner to pay us?
So far, we use 850/855, and 810 with our partner, so it's
not too complicated a setup.
However the 820 guidelines are a much harder read to understand what is actually happening. Looking for plain old descriptions of what it's function in life is!
Thanks
GG
OK...but we never send this partner checks, they pay us.
Does the 820 also go the other way, to allow the trading partner to pay us?
So far, we use 850/855, and 810 with our partner, so it's
not too complicated a setup.
However the 820 guidelines are a much harder read to understand what is actually happening. Looking for plain old descriptions of what it's function in life is!
Thanks
GG