Service Introduction
The Remittance Service is a deposit‑backed public and member service that allows users to submit their invoices and have them converted into a legally structured Bill of Exchange for payment. This service operates under the Bill of Exchange Act and is designed to pay debts directly from the user’s ledger credit account without creating new loans or repayment obligations.
Public Users: $25 per month
Members: Free access
Upload Your Invoice
Upload your invoice below. The system will read the document, extract the required information, and generate a Bill of Exchange for internal submission.
About the Remittance Service
The Remittance Service is a deposit‑backed financial service that allows Public Users and Members to submit their monthly invoices and have those invoices converted into a legally structured Bill of Exchange for payment. This service is authorized under the Bill of Exchange Act and is designed to help individuals and members pay bills directly from their credit accounts without creating debt or repayment obligations.
Public Users may join the service for $25 per month. All Members receive the service free of charge.
How the Service Works
Users upload their monthly invoices directly through this page. The system reads the invoice, extracts the required payment information, and prepares a legally compliant Bill of Exchange. Once prepared, the Bill of Exchange is submitted internally to the receiving organization to satisfy the debt owed using the user’s available ledger credit.
- Upload your invoice (PDF, JPG, PNG)
- System reads and extracts invoice details
- System prepares a legal Bill of Exchange
- Bill of Exchange is submitted to the payee
- Debt is satisfied using your ledger credit
Legal Structure
All Bills of Exchange generated through this service comply with the Bill of Exchange Act and contain all mandatory elements required for lawful submission. The system ensures that every Bill of Exchange includes:
- Drawer information (Member or Public User)
- Drawee information (Receiving organization)
- Amount owed
- Invoice reference number
- Payment instructions
- Authorized signature block
Service Eligibility
The Remittance Service is available to:
- Public Users — $25 monthly fee
- Members — Free
- Business Accounts — Included with Business Membership
This service may be used for:
- Utility bills
- Credit card statements
- Loan invoices
- Medical bills
- Any invoice representing a debt owed
Upload Your Invoice
Please upload your invoice below. The system will automatically read the document and prepare your Bill of Exchange.