Multiple Tenders Used To Pay For Multiple Accounts

The following diagram illustrates a payment event with multiple tenders where the payor of the tender is not the same as the account(s) receiving the payment.

This illustrates a payment event with multiple tenders where the payor of the tender is not the same as the account(s) receiving the payment. The same account pays for both tenders and each tender may reference a different account. The total amount of tenders under a payment event are distributed to one or more accounts. The account(s) remitting the tender may differ from the account(s) whose debt is relieved.

A payment event may have many tenders A single payment event may have many tenders. While the above example shows both tenders being paid by the same account, each tender may reference a different account.

Many accounts may be paid under 1 event The total amount of tenders under a payment event are distributed to one or more accounts.

Payor may differ from payee The account(s) remitting the tender may differ from the account(s) whose debt is relieved.