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Glossary

What is COD Remittance?

COD remittance is the process by which a courier collects cash-on-delivery money from buyers and pays it back to the seller, minus applicable COD fees, on a fixed cycle.

After a COD parcel is delivered and cash is collected, the amount enters a remittance cycle — often weekly, though early-COD options can shorten it. The seller receives a payout statement mapping each AWB to its collected amount, and reconciling that against orders is where mismatches surface.

  • The COD fee is usually a flat per-shipment charge or a small percentage of order value, whichever is higher.
  • Reconciliation matters: undelivered or RTO COD orders should never appear as remitted, and short-collections must be flagged.

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