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  1. 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
    • Examples of A Remittance Payment
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    “Remit payment” refers to the process of sending a financial transaction, often internationally. Of course, the specific transfer method and process used for remittance can vary, including bank transfers, an online account, and other service providers. When remitting funds abroad, additional factors need to be considered, including the fee charged,...

    There is a wide range of examples of remittance payments, including sending funds abroad to family, paying outstanding obligations like loans or mortgages, paying monthly bills and other regular payments, transferring money to a different bank account in a different country held by the same person, and much more. Here is a closer look at two of the...

    Below are three of the most common questions we receive from people looking into what a remit payment is. If you have further questions you would like to ask our team, don’t hesitate to get in touch.

    If so, you can get access to GlobalBanks USA (our dedicated US banking service) in just a few clicks. GlobalBanks USA is a 100% personal account opening solution. It provides direct access to our team of US banking experts. When you join, you receive… + Expert suggestions on where to open US bank accounts. + Step-by-step support to navigate opening...

  2. remit: [verb] to lay aside (a mood or disposition) partly or wholly. to desist from (an activity). to let (attention or diligence) slacken : relax.

  3. REMIT definition: 1. to reduce a period of time that someone must spend in prison: 2. to send money to someone: 3…. Learn more.

  4. If you send your client a bill for your consulting services, be sure to include your address so he knows where to remit the payment.

  5. remit - send (money) in payment; "remit $25" pay - give money, usually in exchange for goods or services; "I paid four dollars for this sandwich"; "Pay the waitress, please" 2.

  6. May 4, 2022 · 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 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 ...

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