Remit Payment Meaning In Banking

Remit Payment Meaning In Banking REMIT definition 1 to reduce a period of time that someone must spend in prison 2 to send money to someone 3 Learn more

The meaning of REMIT is to lay aside a mood or disposition partly or wholly How to use remit in a sentence Remit definition to transmit or send money a check etc to a person or place usually in payment See examples of REMIT used in a sentence

Remit Payment Meaning In Banking

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Remit Payment Meaning In Banking
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An outward remittance is where you send funds to someone in another country or territory This could be for a number of reasons including a loved one s living expenses or education a Master the word REMIT in English definitions translations synonyms pronunciations examples and grammar insights all in one complete resource

What s the definition or meaning of remit or remittance Let s start at the beginning What exactly is a remittance The Merriam Webster dictionary says the following To remit to To remit a payment means to send money through an online transfer money order check or other form of payment to an individual or business While remit a payment is

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The term remit encompasses various meanings primarily centered around the act of sending or transferring something In financial terms to remit often refers to the transfer of money From Longman Dictionary of Contemporary English Related topics Finance Loans remit re mit 1 r m t verb remitted remitting formal 1 intransitive transitive BF PAY FOR to send a

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REMIT English Meaning Cambridge Dictionary

https://dictionary.cambridge.org › dictionary › english › remit
REMIT definition 1 to reduce a period of time that someone must spend in prison 2 to send money to someone 3 Learn more

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REMIT Definition amp Meaning Merriam Webster

https://www.merriam-webster.com › dictionary › remit
The meaning of REMIT is to lay aside a mood or disposition partly or wholly How to use remit in a sentence

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