remittee

One receiving funds

A remittee is the person or entity to whom money is sent.

The term appears in financial and legal contexts involving the transfer of funds: The bank confirmed the remittee received the wire transfer.

The counterpart—the one sending the money—is the remitter.

recipient

payee

Person owed payment

consignee · grantee · assignee · donee · transferee · nominee · claimant · heir · legatee · devisee

transfer

wire

Thin metallic conductor

  • fundsAvailable financial resources
  • depositPlace for safekeeping
  • paymentFulfilling a financial obligation

disbursement · payout · receipt · credit · inflow · incoming · settlement · clearance · transaction · transmission

family

dependents

People financially supported

parents · children · siblings · overseas · immigrant · expatriate · worker · breadwinner · provider · support

Opposites
transaction role

remitteeremitter

One who forwards payment

sender · payer · transferor · originator · source

Family

remittance, remitted, remittances, remitter, remittal, remittable

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