Mar 11, 2025 · What Is a Remittance? "Remittance" refers to sending money from one person or group to another and commonly refers to sending money back to one's family in another country.

Aug 2, 2025 · Remittance is the act of sending money from one party to another, typically across a geographical distance. While it can be domestic, it most often refers to international money …

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, for household income in their home country or …

Aug 15, 2025 · A remittance is a financial transfer made from one party to another, often across borders or geographical locations. This term typically describes regular support payments from …

A remittance is the money sent, often for personal support, while a bank transfer is one of the methods used to send it. Remittance has a stronger connotation of being an international, non …

A remittance is money that’s sent internationally from one party to another. Find out how remittances work and how you can send one, here.

Jan 6, 2025 · What does remittance mean in payments? In payments, remittance refers to sending money from one individual or organization to another, typically across borders.

Remittance of funds refers to the money transfer from the worker in a foreign country back to his family in his own country. It specifically means sending back money earned by workers …

Aug 25, 2025 · Understanding the types of remittances first and foremost can help you choose a provider or institution that best meets your needs. This is by far the most common form of …

Jul 29, 2025 · A remittance is a type of bank or money transfer, typically sent by migrants to family abroad. Not all bank transfers are remittances, but all remittances involve transferring money …