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5 mar 2024 · A remittance is money sent to another party, usually in another country. Typically, the sender is a foreign worker and the recipient is a relative in the recipient's home...
9 lis 2017 · To remit - to send (money) to a person or place especially in payment of a demand, account, or draft. In other words, a remittance is the sum of money being sent, generally to someplace abroad.
2 paź 2024 · A bank remittance is a funds transfer from one bank account to another as a gift or payment. Remittances are used to pay bills or invoices and are sent via an electronic payment system, wire transfer, mail, draft, or check.
REMITTANCE definition: 1. an amount of money that you send to someone: 2. the act of sending payment to someone: 3. an…. Learn more.
4 maj 2022 · To remit - to send (money) to a person or place especially in payment of a demand, account, or draft¹. In other words, a remittance is the sum of money being sent, generally to someplace abroad, although it can also be made domestically.
Payment remittance is a money exchange using a transfer. One party will send funds to another individual or entity, typically usingelectronic transferor wire submission. Transactions of this kind are often done internationally and can be completed almost immediately.
28 wrz 2022 · Remittances and bank transfers are not the same thing. You can send a remittance via a bank transfer, however. A remittance refers to a transfer of funds from one person to another, typically abroad, as a gift or payment.
