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What Is a Remittance? "Remittance" refers to sending money from one person or group to another and commonly refers to sending money back to one's family in another country.
A remittance is a non-commercial transfer of money by a foreign worker, a member of a diaspora community, or a citizen with familial ties abroad, for household income in their home country or homeland. Money sent home by migrants competes with international aid as one of the largest financial inflows to developing countries.
A remittance is a financial transfer made from one party to another, often across borders or geographical locations. This term typically describes regular support payments from individuals to recipients who are often family members.
What is a remittance? (Plus, how to send them) | PayPal US
Our 2025 guide on remittance helps you safely and securely transfer money abroad. Understand how remittances work, from transaction fees to delivery times
Learn what a remittance is, how international money transfers work, the lowest-fee apps in 2026, and tips for senders and receivers. Get started with confidence.