Synonyms for non-remittance include default, nonpayment, defaulting, delinquency, welshing, levant, non-payment, failure to pay, evasion and avoidance. Find more words at wordhippo.com! Receivables lets you make cross currency deposits. to a distant place, as in satisfaction of a demand, or in discharge of an obligation. How to use remittance in a sentence. Pretty simple. These projected declines are among the sharpest in recent history (World Bank, 2020a). ... Definitions of remittance from WordNet (); / / Dictionary entries near remittance. Money sent home by migrants competes with international aid as one of the largest financial inflows to developing countries.Workers' remittances are a significant part of international capital flows, especially with regard to labor-exporting countries. Define remittance. Telugu Meaning of 'Remit' సొమ్ము పంపు; డబ్బును చేర్చు; Synonyms: forgive; pardon; condone; absolve; excuse; competence; Related Tags for Remit The amount of money being sent internationally has increased massively in recent years mainly due to more businesses working with customers and clients overseas. | Meaning, pronunciation, translations and examples remittance meaning: 1. an amount of money that you send to someone: 2. the act of sending payment to someone: 3. an…. remittance - Translation to Spanish, pronunciation, and forum discussions. A remittance is the transfer of money from one account to another, generally for services rendered. 1. n. 1. It is difficult to see why remittance fees should be so high, and why they should increase – rather than stay fixed – when the amount of transfer increases. Someone who sends a payment to another. Remittance flows in 2020 to low- and middle-income countries (LMICs) are projected to fall by 7.2 per cent to USD 508 billion, followed by a further decline of 7.5 per cent to USD 470 billion in 2021. It appears that the regulatory framework is flawed. The term also refers to the amount of money being sent to remove the obligation. Notification of payment remittance advices for staff reimbursement payments are sent using e-mail. When funds transfer takes place between two countries, it is known as Remittance. 1761, Hugh Smith, The Family Physician, London, p. 3, footnote,[1] A remittent fever is when at certain periods the fever is more violent than at others, but the patient never intirely free from it. Verbs for remittance include remit, remitted, remittest, remitteth and remitting. 2. Personal remittances is the sum of personal transfers and compensation of employees. This is most often done through an electronic network, wire transfer or mail. Learn more. Remittance: An Overview . The International Remittance Network is a platform for credit unions to provide access to safe and affordable money transfers (remittances). It can further be classified as Inward Remittance ( when funds are received ) and Outward Remittance , when funds are send. The sum of money sent. Translation for 'remittance' in the free English-Polish dictionary and many other Polish translations. OpenStreetMap is a map of the world, created by people like you and free to use under an open license. Another huge factor is economic migration. Find more similar words at wordhippo.com! 2. remittance synonyms, remittance pronunciation, remittance translation, English dictionary definition of remittance. The sending of money to someone at a distance. 1. The sending of money to someone at a distance. The process of sending money to remove an obligation. Alternately increasing and decreasing in severity or intensity. Remittance: A remittance is a payment that gets sent somewhere else. (n.) The act of transmitting money, bills, or the like, esp. tance Would you like to know how to translate remittance to Telugu? This page provides all possible translations of the word remittance in the Telugu … The remittance process is very similar to the automatic receipt creation process. The sum of money sent. Remittance definition: A remittance is a sum of money that you send to someone. 1. remittance for the appropriate fee. Remittance definition is - a sum of money remitted. • Remittance Meaning In English (n.) The sum or thing remitted. remittance translation in English - French Reverso dictionary, see also 'remit',reminisce',resistance',reliance', examples, definition, conjugation Financial statements sent by a creditor to a debtor frequently refer to the process of submitting a monthly remittance. What does remitter mean? Remittance: A remittance is funding that is sent or transferred to another party, usually one in another country.Remittances can be sent via a wire transfer, mail, draft, or check. Exemplos: el televisor, un piso. remittance basis does not apply to other types of earned income arising in the Republic of Ireland. reminiscent. noun the sending of money, checks, etc., to a recipient at a distance. A remittance is a transfer of money, often by a foreign worker to an individual in their home country. Earlier in same sense were remitment (1610s of offenses; 1670s of money sent) ... See more. Remittance (n): 1. Reducing remittance fees by five percentage points could increase annual remittance flows to developing countries by $4 to $5 billion. – (Thank you, Investopedia is the world’s leading source of financial content on the web.) remittance: Money sent from one individual to another in the form of cash, check, or some other manner. Personal transfers, a new item in the Balance of Payments Manual 6th Edition (BPM6), represents a broader definition of worker remittances. (noun) Broadly speaking, any payment of an invoice or a bill can be called a remittance. 1. OpenStreetMap is the free wiki world map. 1. (payment) giro nm nombre masculino: Sustantivo de género exclusivamente masculino, que lleva los artículos el o un en singular, y los o unos en plural. You must Create, Approve, and Format your remittances. Remittance resurgence a tonic but no cure for sickly emerging economies Larger-than-expected money transfers from migrants overseas have provided a tonic for several sickly economies during the coronavirus crisis, but the outlook for such flows remains fraught with uncertainty even as vaccines are rolled out. A remittance is a payment of money that is transferred to another party. money or its equivalent sent from one place to another. 1. Origin and meaning of remittance: 1705; see remit + -ance. 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