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 …

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 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 …

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 …

Guide to Remittance and its meaning. Here, we explain its advice, examples, rules, types, steps, and comparison with wire transfer.

Oct 3, 2024 · A remittance transfer is a money transfer sent electronically from the United States to another country by a remittance transfer provider. Common terms may include “international …

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 …