A remittance is a money that is sent from one party to another. Broadly speaking, any invoice or bill payment can be called a remittance. However, the term is most often used nowadays to describe a sum of money sent by someone working abroad to their family back home. there are a lot of remittance companies with which you can send money easily but I would recommend using REMIT CHOICE LIMITED because they offer the best rates and instant transfer with zero transaction fee
a remittee is a person (organisation) who receives a remittance or payment.
The prefix of "remittance" is "re-."
The correct spelling is remittance (payment).
Remittance is, essentially, the act of paying. An example sentence would be: The cashier was patiently waiting for his remittance.
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The Remittance Man was created on 1913-09-13.
This is the date when the remittance, or payment you send, must be received.
There are a number of way to get a remittance payment. The policies for receiving this payment vary from company to company, and you should speak with your bank on how they handle remittance payments.
(1) The purpose of a remittance advice is to inform the supplier that their invoice has been paid. If paid by cheque the cheque will usually be attached to the remittance advice.
He sent a remittance to his family overseas to help with their living expenses.
Remittance in transit refers to a cross-border money transfer that is still in progress within the banking channel. The remitter's funds are snaking its way across to the beneficiary, and whilst it is in progress, the remittance (money transfer) is called or cited as remittance in transit.