WebA remittance refers to a specific payment that is made to satisfy a particular demand. Usually, a remittance accompanies a specific order made to a business. One last thing to … Webto transmit or send (money, a check, etc.) to a person or place, usually in payment. to refrain from inflicting or enforcing, as a punishment, sentence, etc. verb (used without object), …
What is Remittance? [Remittance Meaning and More] Revolut
WebApr 26, 2024 · Remittance payments are completed from a payer to a payee with one or more intermediary agents or third-party financial technology to process any fees or … Webremittance noun re· mit· tance ri-ˈmit-ᵊn (t)s 1 : money sent especially in payment 2 : a sending of money (as to a distant place) Legal Definition remittance noun re· mit· tance ri-ˈmit-ᵊns 1 a : a sum of money remitted b : an instrument by which money is remitted 2 : … clothes pictionary
REMIT English meaning - Cambridge Dictionary
WebA remittance is a sum of money transferred between two people. The term comes from the ‘remit’ definition, which means to give back. People working overseas often make … WebBritannica Dictionary definition of REMIT. [+ object] formal. 1. : to send (money) as a payment. Please remit $1,000 upon receipt of this letter. Payment can be remitted by … WebApr 30, 2024 · The word, “remittance”, comes from the verb, “to remit”, or to send back. So, whilst all remittances are payments, not all payments are necessarily remittances. The … byproduct\\u0027s fs