Meaning remittance
WebMay 4, 2024 · In other words, a remittance is the sum of money being sent, generally to someplace abroad, although it can also be made domestically. In common usage, the word can refer to moving money by any method, such as a wire transfer, or by mail, to move the money. The payment could be to: Pay an employee. Send money to a foreign aid … WebJun 22, 2024 · Remittance Letter: A document sent by a customer, which is often a financial institution or other type of firm, to a creditor or supplier along with a payment to briefly explain what the payment ...
Meaning remittance
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WebAug 12, 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 … Webnoun. the sending of money, checks, etc., to a recipient at a distance. money or its equivalent sent from one place to another. There are grammar debates that never die; and …
WebWhat is remittance and what are remittance payments? The term ‘remittance’ comes from the word ‘remit or ‘to send back,’ and so ‘remittance payments’ refers to the amount of money transferred from one person to another - usually in that person’s home country. Webremittances. A remittance is a payment that gets sent somewhere else. If you get a bill in the mail, you will usually have at least a week to send your remittance. To "remit" is to send …
WebApr 30, 2024 · A remittance payment is any sum of money that is sent from one party to another. However, the way that the term is used these days is a little stricter. In most cases, if you are speaking of a remittance, you usually mean a payment that is sent from a migrant living abroad to their family or friends back in their home country. WebRemittance says 0 on my return transcripts for 2024 I need to get my documents attested, birth certificate, non marriage certificate from indian consulate? Can an associate attorney sign off on documents with the leading attorney`s name?
WebFeb 23, 2024 · According to the dictionary definition, a remittance is the sending of money (or its equivalent) to a recipient at a distance. Economists often talk about the importance of remittances to developing global economies. martin micheletWebA 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 … martin mill train stationWebRemittance is a sum of money that is transferred either as a gift or payment to another party. Theoretically speaking, any repayment of an invoice could be categorised as a remittance, whereby the word “remittance” is a derivative of the term “remit”, which is essentially defined as “to pay back”. Having mentioned that, Kolleno is a ... martin milner family photosWeb1 day ago · A remittance is a sum of money that you send to someone. [formal] Complete this coupon in block capitals and send it with your remittance to the address below. … martin milner barefootWebMay 4, 2024 · Let’s start at the beginning. What does remittance mean? The Merriam-Webster dictionary defines it as: To remit - to send (money) to a person or place … martin milner radio showWebTo "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 grownup's credit card, just as keeping your cell phone going requires a regular remittance to … martin minority influenceWebSep 28, 2024 · A remittance is a sum of money transferred from one party to another – typically abroad. The term is derived from the word remit, which means to send back. According to most definitions, to remit is to send money in payment of a demand, account, or draft so, broadly speaking, any payment of an invoice or a bill can be called a remittance. martin mills high school