Bank transfer is payment, and write-off is finance. Generally, for example, if you have a balance of accounts payable in your original account, you should write off the accounts payable now, which is called write-off.

There are many ways of transfer settlement, which are mainly divided into two categories: settlement in the same city and settlement in different places. City settlement includes cheque settlement, payment authorization settlement, city collection and acceptance settlement, collection and non-acceptance settlement, limit cheque settlement, etc. Off-site settlement includes off-site collection and acceptance settlement, off-site entrusted collection settlement, exchange settlement, letter of credit settlement and limit settlement.

Related content explanation:

Bank transfer reversal will add a reversal transaction to the payee's account flow, which may bring some doubts to the account holder, but it will not cause any loss in essence.

For the remitter, in order to save the handling fee, you can approve the transaction, and then sign to confirm the cancellation, and you will remit the money again, which has no influence on it.

In fact, users always have receipts when they handle the transfer business at the bank counter. After the transfer, the user can carefully check the transfer amount, card number, name of the other party, etc. If it is found that it is different from the account specified by the user, the user can ask the bank to correct it in time on the spot, or let the other party receive the money in time.

Refer to the above content: Baidu Encyclopedia-Transfer and Return