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Remit funds, often referred to as remittances, are money transfers sent by individuals, typically migrants, to their home country or family members. These funds are usually sent to support loved ones or for expenses such as education, healthcare, and daily living. Remittances play a significant role in the economies of many developing countries, providing essential financial support and contributing to local economic growth.

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Do you submit or remit payment?

You remit payment when you send money to satisfy a debt or obligation, typically for bills or invoices. Submitting payment generally refers to the act of providing the payment through various methods, such as online, by check, or in person. While the terms are sometimes used interchangeably, "remit" emphasizes the act of sending funds, while "submit" focuses on the process of providing the payment.


What does remit payment mean?

To "remit payment" means to send or transfer money to settle a debt or fulfill a financial obligation. This often involves sending funds to a creditor or service provider for goods or services rendered. The term is commonly used in invoices and billing statements to indicate the action of paying the specified amount owed.


If a party signs the note mortgage etc and receives the two rescission forms then dies within the three day period is the funding bank required to remit funds to the decedent's estate?

no, the bank would not be required to advance funds in Canada. The death of the borrower would relieve the bank of its contractual obligation to carry out the loan


What are the most common types of investment fund by Brightbridge Wealth Management?

money-market funds balanced funds index funds pure bond funds bond/income funds tax-free bond funds junk/high-yield bond funds pure stock funds aggressive growth funds growth funds sector funds small cap stock funds mid cap, large cap international funds


Name different categories of funds?

Some fund categories are: * Equity funds * Debt funds * Hedge funds * Fund of funds etc...

Related Questions

What is the meaning of can you remit abroad?

"Can you remit abroad" typically refers to transferring money or making a payment to a foreign country. It often involves sending funds to someone overseas for various purposes such as business transactions, personal support, or investments.


SWIFT code Woori Bank in Korea?

This can be found on Woori Bank's main website. They have a page in English for expats who need to remit funds to their home country. http://eng.wooribank.com The swift code is: HVBKKRSE Banks need this code to remit money between countries.


Do you submit or remit payment?

You remit payment when you send money to satisfy a debt or obligation, typically for bills or invoices. Submitting payment generally refers to the act of providing the payment through various methods, such as online, by check, or in person. While the terms are sometimes used interchangeably, "remit" emphasizes the act of sending funds, while "submit" focuses on the process of providing the payment.


Use remit in a sentence?

i remit my cousion money


What is a sentence using the word remit?

He was hoping the judge would remit his sentence due to his standing in the community. Remit can be used as a verb or a noun.


What does remit payment mean?

To "remit payment" means to send or transfer money to settle a debt or fulfill a financial obligation. This often involves sending funds to a creditor or service provider for goods or services rendered. The term is commonly used in invoices and billing statements to indicate the action of paying the specified amount owed.


How can you use remit in a sentence?

Please remit your payment or risk suspension of services.


How could you use remit in a sentence?

When I remit this last payment, I will own my car outright.When you are ready to pay this bill, please remit the full amount to me.


How do you write a sentence using the word remit?

I would like to remit payment in person.


What is a short sentence for remit?

""This


What are the release dates for Please Remit - 1912?

Please Remit - 1912 was released on: USA: 6 January 1912


How can you use the word remit in a sentence?

You still owe us 20 dollars; please remit this sum by return.