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California State University, Fullerton Student Success Initiative Student Fee Advisory Committee Meeting Minutes Friday, September 30, 2016 1:00 2:30pm, Juniper 150 I. Call meeting to order Meeting
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SSIFAC stands for Standardized System for International Factoring.
Any company engaged in international factoring transactions is required to file SSIFAC.
SSIFAC can be filled out online through the designated platform provided by the relevant authorities.
The purpose of SSIFAC is to standardize and streamline the reporting of international factoring transactions.
Information such as the parties involved in the transaction, amount of factoring, currency used, and date of transaction must be reported on SSIFAC.
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