remittance
Noun
Meaning
The act of transmitting money, bills, or the like, esp. to a distant place, as in satisfaction of a demand, or in discharge of an obligation.
The sum or thing remitted.
Source: Webster's dictionarySynonyms
Antonyms
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Phrases with the word
Examples
According to FCA regulations in the UK, remittance agents (including hawalas), which process more than €3-million a month, are required to safeguard client funds.
According to him, if the negative impact of COVID-19 on the sector continues without any emergency financial intervention from the Federal Government, Distribution Companies (DisCos), may not meet their remittance obligation to the electricity market.
'Alternative remittance' is only one of a number of terms used to describe the practice of transferring value, including money, from one country to another.
Brown, James I, pp. 24–5 A ransom treaty of £40,000 sterling (less a dowry remittance of 10,000 marks) was agreed at Durham on 28 March 1424 to which James attached his own seal.
During questioning at the Presidential Office on the afternoon of August 7, 2006, the president detailed to the prosecutor how he spent the fund and presented relevant receipts and bank remittance statements.
Amazon-backed independent digital money transfer startup Remitly recently told Reuters that it had launched its remittance services for users seeking to transfer.