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inward remittance

 

Definitions from the Web

Inward Remittance

Inward remittance refers to the process of transferring funds from a foreign country to a recipient's bank account in the recipient's home country.

Usage examples:

  1. He received an inward remittance from his overseas business partner.
  2. The company recorded a significant increase in inward remittances from its international clients.

Related Products:

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