Document Types in Distribution

Document	Direction	When	Content
Settlement Statement	Issuer → Merchant	Period close	Activated cheques count, face value total, FX rate, amount due in settlement currency
Agent’s Report (future)	Merchant → Issuer	With payment	Confirmation of sales, amount remitted, agent commission retained
Rebate Notice	Issuer → Merchant	After settlement confirmed + delay	Settled volume, rebate rate applied, rebate amount, payment method
Platform Invoice	Instance → Merchant	Monthly	Platform service fees (creation fee, etc.) — separate from distribution settlement

Critical distinction: The Settlement Statement is a distribution document (face value settlement between issuer and agent). The Platform Invoice is a service fee document (infrastructure costs charged by the platform operator). These are different documents, different legal relationships, different amounts.