What does remitter name mean?
remitter. / (rɪˈmɪtə) / noun. Also: remittor a person who remits. property law the principle by which a person out of possession of land to which he or she had a good title is adjudged to regain this when he or she again enters into possession of the land.
Who is remitter and Remittee?
As nouns the difference between remittee and remitter is that remittee is the person to whom a remittance is sent while remitter is one who remits, or makes remittance.
What is remitters signature?
Technically, the person who buys a money order should sign as the remitter. Assuming that the correct payee cashes a money order then it makes no difference if you or someone else signs as the remitter.
Is remitter the same as payer?
As nouns the difference between remitter and payer is that remitter is one who remits, or makes remittance while payer is one who pays; specifically, the person by whom a bill or note has been, or should be, paid.
What does remitter mean in legal terms?
Definition of ‘remitter’ a. the principle or operation by which a person who enters on an estate by a defective title, and who previously had an earlier and more valid title to it, is adjudged to hold it by the earlier and more valid one. b. the act of remitting a case to another court for decision.
Who is a Remittee?
Definition of remittee : one to whom a remittance is sent.
Who is beneficiary and who is remitter?
Here, a beneficiary is the person that receives the payment & remitter is the one that sends the payment. The cooling period can be between 30 mins to 4 hrs. And if a beneficiary is added after the banking hours, it gets approved & activated only the next day.
What is payee and remitter?
As nouns the difference between remitter and payee is that remitter is one who remits, or makes remittance while payee is one to whom money is paid.
Who is remitter in bank?
Remitter Bank means a bank holding a bank account of the Payer where the Debit of the UPI instruction is received from the Payer to be executed on real time basis. Remitter Bank means the payer bank where the Remitter maintains the bank account.
What is a remitter in psychology?
re·mit. (rē-mit’), To become less severe for a time without absolutely ceasing. [see remission]
What is remitter and beneficiary?
As nouns the difference between remitter and beneficiary is that remitter is one who remits, or makes remittance while beneficiary is one who benefits or receives an advantage.