Inward Remittance

Views Updated: Dec 15, 2025

Abbreviation

Pronunciation

/ˈɪnwərd rəˈmɪtəns/

An inward remittance is where a foreign bank sends funds to a domestic bank with an instruction for the bank to pay the funds to the payee.
Handling the procedures of inward and outward remittance of foreign exchange funds and relevant exchange procedures;
To do regular transactions including FCY Exchange, Inward & Outward Remittance, Time Deposit;

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