remittance

/rɪˈmɪt.əns/

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noun

money sent, often abroad, to family or recipients

Exchange rates and fees heavily affect how much arrives.

Examples

  • Nagpapadala ang mga manggagawa sa ibang bansa ng buwanang remittance sa magulang.

    Workers abroad send a monthly remittance to their parents.

  • Nagkumpetensya ang mga bangko sa fees ng bawat remittance.

    Banks compete on fees for each remittance transfer.

  • Mas mahina ang home currency, mas napapahaba ang bawat remittance.

    A weaker home currency makes each remittance stretch further.

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remittance meaning pronunciation: money sent, often abroad, to family or recipients | juin Open Wordbook · juin.com