Accounts Receivable Contract With Credit Card In Montgomery
Category:
State:
Multi-State
County:
Montgomery
Control #:
US-00402
Format:
Word;
Rich Text
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Description
Accounts Receivable -Contract to Sale is a Contract to convey all accounts to a third party at a discount. The Seller agrees to sell to the Buyer all of Seller's right title and interest in all accounts as listed on the attached Exhibit, together with all invoices representing, and all money due or to become due on the assigned accounts and all other rights in the assigned accounts of any type. This Contract can be used in any state.
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Receivable records are maintained to ensure transactions accurately identify each debt and its respective debtor. Under this Agreement, Discover Bank is selling to Discover Funding all receivables arising in a subset of those accounts.The applications offer invoice presentment and secure automated transaction processing for payment via credit card, e-check and ACH. Pay Here – WELLS FARGO. Credit card receivables are a vital shortterm financing source.