Every month, Olivia receives a bill in the mail from her mortgage company. By the first of each month, she must send back her payment, along with the bottom part of the bill, which includes her account information and the amount enclosed. She pays these mortgage bills using a form of payment that is essentially a written order to her bank to pay the mortgage company the specified amount from the money in her bank account. What form of payment is Olivia using in this scenario

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Answer:

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Explanation:

when olivia sends bill pics

The form of payment which is a written order to her bank to pay the mortgage company is referred to as a Bank draft.

What is a Bank draft?

This is defined as a payment in the form of a written order on behalf of the payer and is usually authorised by the issuing bank.

This instructs her bank to pay the mortgage company the specified amount from the money in her bank account.

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