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    saji's Avatar
    saji Posts: 2, Reputation: 1
    New Member
    		  
    #1

    Oct 7, 2007, 12:56 AM
    Statutary payment
    Would anyone tell me what does "statutary payments"in banking terms
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #2

    Oct 7, 2007, 01:07 AM
    Statutory anything refers to required by law. So a statutory payment would be one required by some law.
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