makseviite
Makseviide is an Estonian term meaning a payment reference. It is a code—often numeric or alphanumeric—included in a payment instruction to identify the intended recipient and the specific invoice, customer account, or purpose of the payment. The makseviide helps the payee automatically match the incoming funds with the correct record in their accounting system.
The primary purpose of a makseviide is to facilitate automatic reconciliation of payments. By linking a transfer
The content and format of a makseviide vary by issuer and payment system. It can be the
On invoices, the makseviide is typically shown to guide the payer on what to enter in the
A makseviide is distinct from the invoice number itself, though it often encodes or references it. In