Question

Define the term Remittances

Answer 1

Answer:

A remittance refers to money that is sent or transferred to another party. The term is derived from the word remit, which means to send bac

Explanation:

Remittances can be used for any type of payment including invoices or other obligations.

Answer 2

Answer:

Explanation:

noun

1. a sum of money sent in payment or as a gift. "complete your booking form and send it together with your remittance"
2. the action of sending money in payment or as a gift."remittance may be made by credit card"