Remit business definition
WebAddress location sequence identifier. Location identifier of the remit to address. Identifies a set of reference data shared across business units and other entities. Also known as Reference Data Sets, they are used to filter reference data in transactional UIs. Who column: indicates the user who created the row. Web(f) Remittance transfer provider - (1) General definition. “Remittance transfer provider” or “provider” means any person that provides remittance transfers for a consumer in the normal course of its business, regardless of whether the consumer holds an account with such person. (2) Normal course of business - (i) Safe harbor.
Remit business definition
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WebTo transmit or send. To relinquish or surrender, such as in the case of a fine, punishment, or sentence. An individual, for example, might remit money to pay bills. West's Encyclopedia of American Law, edition 2. Copyright 2008 The Gale Group, Inc. All rights reserved. remit the transfer of a case from one court or jurisdiction to another. WebIt is derived from Latin mittere (meaning "to let go" or "to send"), which is also the root of the English verbs admit, commit, emit, omit, permit, submit, and transmit. Use of remittance in …
Webremit verb [T] (SEND) formal to send money to someone: He worked as a builder in Chicago and remitted half his monthly wage to his family in the Philippines. formal to refer a … Webremit to v. 1. To transmit money to someone: You must remit the tuition to the registrar today. 2. To refer a legal case to another court for further consideration or action: The judge remitted the case to the state court. See also: remit, to The American Heritage® Dictionary of Phrasal Verbs.
WebApr 13, 2024 · Remittance definition: what it means. Remittance is a term that can be used to describe either a sum of money sent as a payment or gift or the act of sending the … WebMay 4, 2024 · To remit - to send (money) to a person or place especially in payment of a demand, account, or draft¹. In other words, a remittance is the sum of money being sent, …
Web3. : to submit or refer for consideration, judgment, decision, or action. specifically : remand. 4. : to restore or consign to a former status or condition. 5. : postpone, defer. 6. : to send (money) to a person or place especially in payment of a demand, account, or draft.
WebWithin its wider role to promote small business, it will have an explicit remit to promote enterprise in disadvantaged communities. 1 1 Trusts which enjoy tax-exempt status must conform strictly to their remit and cannot disburse any surplus monies except to fulfill their stated objectives. 0 1 the missing links band chicagoWebTo send money to remove an obligation or liability, especially electronically or through a wire service. For example, if one receives a speeding ticket and wires the city government the … how to deal with a clingy babyWebJun 22, 2024 · Remittances are payments sent from one party to another, usually from a customer to a seller or supplier. Remittances can be sent via electronic payment, wire transfer, or a check. Although... how to deal with a clingy boyfriendWebto transmit or send (money, a check, etc.) to a person or place, usually in payment. to refrain from inflicting or enforcing, as a punishment, sentence, etc. verb (used without … the missing link villains wikiWebTo refrain from exacting (a payment, tax, etc.) Webster's New World. Similar definitions. To refrain from inflicting (a punishment) or enforcing (a sentence or fine); cancel. Webster's … the missing magistrix tbcWebThe IMF provides a clear definition of what these entities are: Money transfer operators (MTOs) are financial companies (but usually not banks) engaged in cross border transfer of funds using either their internal system or access to another cross-border banking network. the missing magistrix 11526WebIn short, remittance advice is a proof of payment document sent by a customer to a business. Generally, it’s used when a customer wants to let a business know when an invoice has been paid. In a sense, remittance slips are equivalent to cash register receipts. They’re particularly helpful when it comes to matching up invoices with payments. how to deal with a clingy cat