Remove Check 21 Remove Online and Mobile Banking Remove Wires
article thumbnail

Bank Remittance: How It Works and What to Consider?

Nanonets

​A bank remittance is a payment sent to a bank, typically in another country, for the purpose of financing a purchase or other transaction. ​Bank remittances are often used to pay for goods or services, or to transfer money to friends and family members. How Does Bank Remittance Work?