A quick definition of remit: Remit means to forgive or pardon someone for something they did wrong. It can also mean to make something less severe or to refer. 1to send money, etc. to a person or place synonym forward remit something to remit funds remit something to somebody Payment will be remitted to you in full. RemitMoney is an online international money transfer facility which lets you send money to India from USA. It offers instant money transfer services & fixed. Money remittance is simply the movement or transfer of money/funds to another party. A popular example would be the transfer of money to another country by. A typical remittance transaction takes place in three steps: • The migrant sender pays the remittance to the sending agent using cash, check, money order.
remit · to 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. To "remit" is to send money or make a payment and what you send is called remittance. Buying anything from a website involves a remittance — usually from a. 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. To transmit (money) in payment. 2. a. To refrain from exacting (a tax or penalty, for example); cancel. b. To pardon; forgive: remitted their sins. 3. To. Remittance. In subject area: Economics, Econometrics and Finance. Remittances are the return to households from having invested in sending a migrant abroad. an amount of money that is sent somewhere as payment for something: Complete the membership form and send it to the address below, together with your remittance. to send money to someone: He worked as a builder in Chicago and remitted half his monthly wage to his family in the Philippines. Verb · (transitive) To transmit or send (e.g. money in payment); to supply. · (transitive) To forgive, pardon (a wrong, offence, etc.). · (transitive) To refrain. What is remittance? Deriving from the term 'remit' (meaning “to send back”), remittance refers to a sum of money that is sent back or transferred to another. What is the meaning of Remittance? Payment remittance is a money exchange using a transfer. One party will send funds to another individual or entity. WorldRemit Corp. is Licensed as a Money Transmitter by the New York State Department of Financial Services and in Puerto Rico (TM), a Foreign Transmittal.
In the case of a cash remittance, the payor will deposit cash in the account of the payee. A bank remittance refers to funds sent from the customer's. A remittance is money that is sent from one party to another. Broadly speaking, any payment of an invoice or a bill can be called a remittance. 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. the provider is contractually committed to advance funds in defined circumstances. money order an instrument used to remit money to the named payee, often. adjective · (of money) having been sent or transmitted to a person or place, usually as payment: Any remitted money must be in U.S. currency. · (of a debt. Your beneficiary picks up the money at that location after showing their ID and confirmation number. Lastly, there's home delivery, where your cash gets. to cancel or free someone from (a punishment, debt, etc.) The governor remitted the remainder of her life sentence. [+] more examples [-] hide examples [+]. A remittance is a transfer of money, often by a foreign worker to an individual in their home country. Money sent home by migrants competes with international. A remittance is a non-commercial transfer of money by a foreign worker, a member of a diaspora community, or a citizen with familial ties abroad.
What is remittance? Deriving from the term 'remit' (meaning “to send back”), remittance refers to a sum of money that is sent back or transferred to another. 1. (also intr). to send (money, payment, etc), as for goods or service, esp by post · 2. law · 3. to cancel or refrain from exacting (a penalty or punishment) · 4. We're here to help with all of your remittance needs. At Remitly, our transfer process is quick, affordable, and secure. We'll provide you with the total. "Beneficiary or Recipient". means a person whose details have been provided by the Registered User to 'REMITMONEY' for transfer of funds. "Referrer". means. A remittance refers to a money transfer that is sent as a payment or gift to another party. You may send a payment remittance to meet a bill or invoice.
A remittance refers to a money transfer that is sent as a payment or gift to another party. You may send a payment remittance to meet a bill or invoice. from The American Heritage® Dictionary of the English Language, 5th Edition. · intransitive verb To transmit (money) in payment. · intransitive verb To refrain. When WorldRemit say a transfer is 'paid' this means your transfer has been sent to the local partner in the country you sent money to. Once the local. To send money to remove an obligation or liability, especially electronically or through a wire service. For example, if one receives a speeding ticket and. Remittance refers to money that is sent or transferred to another party, usually overseas. Remittances can be sent via a wire transfer, electronic payment. remitted. REMIT'TED, pp. Relaxed; forgiven; pardoned; sent back; referred; given up; transmitted in payment. Definitions. Remittances are the exchange of money using a transfer medium. Usually, a significant portion of remittance payments is in the form of international remittances.
HOW TO Open a Remitly Account \u0026 Send Money Internationally - Transfer Guide
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