settlement confirmation

Definitions

A formal notification issued by a financial institution or clearinghouse verifying that a trade or transaction has been successfully processed and finalized.

A document or electronic record confirming that the terms of an agreement have been met and the exchange of assets or funds is complete.

Examples

Please review the settlement confirmation document to ensure all transaction details are accurate.

The bank sent a settlement confirmation via email once the wire transfer was successfully processed.

Synonyms

payment verification transaction finalization clearing acknowledgment deal validation agreement certification

Antonyms

payment dispute transaction rejection pending status unresolved claim cancellation notice