Remitter Meaning: Definition, Examples, and Translations

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remitter

[rɪˈmɪtər ]

Definitions

^{Context #1 | Noun}

financial

A person or organization that sends money to someone as a payment or gift.

Synonyms

donor, payer, sender.

Which Synonym Should You Choose?

Word	Description / Examples
remitter	Typically used in formal contexts where someone is sending a payment, particularly in banking or legal documents. The remitter must provide accurate details for the transaction to be processed. The bank received the funds from an unknown remitter.
sender	Used broadly for anyone sending something, whether it's a message, a package, or money. Often used in everyday language. Please verify the email address of the sender before responding. The sender dispatched the package yesterday and it should arrive soon.
payer	Generally used in situations where someone is providing payment for goods, services, or bills. Often seen in commercial or everyday transactions. The payer needs to ensure their account has sufficient funds. The restaurant allows the payer to split the bill between multiple cards.
donor	Used when someone is giving something, usually money or resources, without expecting anything in return, often in the context of charity or donations. The donor generously contributed to the hospital's new wing. Several anonymous donors helped fund the scholarship program.

Examples of usage

The remitter sent a check to his granddaughter for her birthday.
The remitter transferred funds to pay for the services rendered.

^{Context #2 | Noun}

legal

A person who makes a remittance.

Synonyms

payor, transferor.

Which Synonym Should You Choose?

Word	Description / Examples
remitter	Used in financial transactions to refer to the person who sends money, especially in the context of international money transfers. The remitter is responsible for paying any transfer fees associated with the transaction. The bank needs the details of the remitter to process the international wire transfer.
payor	Commonly used in legal and financial documents to refer to the person who is obligated to pay a bill or other payment obligation. The payor must ensure that the payment is made before the due date to avoid penalties. In a loan agreement, the borrower is often the payor.
transferor	Often used in legal contexts to refer to the person or entity that transfers ownership or rights to another party. In a property sale, the transferor must provide proper documentation to the buyer. The transferor must sign the deed to officially transfer the property rights.

Word

Description / Examples

remitter

Used in financial transactions to refer to the person who sends money, especially in the context of international money transfers.

The remitter is responsible for paying any transfer fees associated with the transaction.
The bank needs the details of the remitter to process the international wire transfer.

payor

Commonly used in legal and financial documents to refer to the person who is obligated to pay a bill or other payment obligation.

The payor must ensure that the payment is made before the due date to avoid penalties.
In a loan agreement, the borrower is often the payor.

transferor

Often used in legal contexts to refer to the person or entity that transfers ownership or rights to another party.

In a property sale, the transferor must provide proper documentation to the buyer.
The transferor must sign the deed to officially transfer the property rights.

Examples of usage

The remitter was required to provide proof of identity before the transaction could be completed.
The remitter's signature was needed on the form to authorize the transfer.

Translations

To see the translation, please select a language from the options available.

Origin of 'remitter'

The word 'remitter' has its origins in the Latin word 'remittere', which means 'to send back'. Over time, the term evolved to refer to someone who sends money or makes a remittance. The concept of remitting funds has been essential in financial transactions and legal contexts for centuries, facilitating the transfer of money between individuals and organizations.