Definition, Meaning & Synonyms

remittee

noun

/rɪˈmɪti/

Definition

A person or entity to whom money or a payment is sent or transmitted.

Examples

The remittee received the funds promptly through the online payment system.
In the transaction, the remittee has the responsibility to confirm receipt of the payment.
The remittee can be an individual or an organization, depending on the nature of the transaction.

Meaning

The term ‘remittee’ refers to the recipient of a remittance, which is typically a payment sent by one party to another, often between individuals or across borders.