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Sample Remittance Letter

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Amsterdam, 16th September 2001

To: Mykia Furniture

(address)

Dear Sir,

We thank you for your consignment of garden furniture on the 15th September 2001, the goods have been received in good condition.

We enclose a cheque for EUR €1000 ( EUR One Thousand Only), in full settlement of account towards supply of goods as per your invoice number 82615.

Please acknowledge the receipt of the above mentioned cheque and credit us with the amount. Thanking you in advance.

Sincerely yours,

(signature)

(name)

(position)

Read more: Gives_some_examples_of_remittance_letter

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11y ago
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11y ago

Remittances in Human Geography means: money migrants send back to family and friends in their home countries, often in cash, forming an important part of the economy in many poorer countries.

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Q: What are the examples of remittances?
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What is the purpose of remittances?

The purpose of remittances is to do a cross-border money transfer. Foreign or migrant workers working in another (host) country routinely send money back home to their family (usually referred to as the country of origin). These payments are usually for family maintenance purposes, etc. Such payments in the banking world are called remittances or migrant remittances. A lot many countries thrive on such remittances. Examples are India, Pakistan, Bangladesh, Philippines, etc.


What is NRI Remittances?

NRI Remittances are money transfer back to India as done by Non-Resident Indians living abroad (i.e. outside India). These remittances are sometimes called workers remittances or home remittances.


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Dilip Ratha has written: 'South-south migration and remittances' -- subject(s): Emigrant remittances


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What has the author Jayasri Ray Chaudhuri written?

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What is so important with remittances?

Remittances are important because they provide critical financial support to families in developing countries, helping them meet daily needs, invest in education, healthcare, and business opportunities. They also contribute to economic growth by boosting consumption and reducing poverty levels in recipient countries.


What is remittances in Pakistan?

Remittances in Pakistan are those inward money transfers received from Pakistani migrant workers who are working outside of Pakistan (usually in the GCC or US/Canada, UK, EU, AUS/NZ, etc.) These inward money transfers (which are usually monthly) for purposes of family maintenance are deemed remittances.


How much foreign remittances does Pakistan get?

State Bank of Pakistan (the central bank) publishes the home-remittance figures. The data of foreign home remittances can be seen in the link on related links.


What has the author Rick Chaney written?

Rick Chaney has written: 'Regional emigration and remittances in developing countries' -- subject- s -: Emigrant remittances, Emigration and immigration, History, Portuguese Alien labor


Amount of foreign remittances in Pakistan?

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