account settlement notice

Definitions

A formal document sent to a party detailing the final balance due or paid to conclude a financial transaction or period.

A notification confirming that a specific set of financial obligations has been reconciled and closed between two entities.

Examples

The bank sent an account settlement notice to the client to finalize the outstanding balance.

Please review the account settlement notice carefully before authorizing the final payment.

Synonyms

payment demand letter final bill statement outstanding balance notification debt collection notice invoice settlement request

Antonyms

payment confirmation receipt account credit notification zero balance statement payment acknowledgment account closure confirmation