The supplier sends A/R information to the bank for direct debit and the customer receives the information at the same time. A hard copy of the advice letter is printed and sent to the bank and the customer for verification of the A/R payment proposal including the payment orders, which details the exact amount which will be debited.
If the customer agrees with the advice letter information, the payment is confirmed and then the specified amount is debited the customer’s account and credited the supplier’s account by the bank.
If the customer disagrees to any point and does not approve of the payment, then the entire payment is cancelled. A partial payment cannot be executed in the PBS Supplier Service. The entire process of validation and uploading is done online. Therefore, if errors should occur, the process will be stopped.