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This transaction type is available if the Enable Long-Term Credits and Loans option is selected on the Administration > Settings > General Settings form.

You can create a Bank Payment (Repayment of Loan Received) document when you need to register any repayment installments that your entity pays to a company that lent money to your entity. 

Bank Payment (Repayment of Loan Received) can be used as basis for an Event in case you need to schedule such regarding this document. 

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