MORE REMITTABLE Meaning and
Definition
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More remittable refers to an increased or higher ability of someone or something to receive or send money or monetary payments. It is a term commonly used to describe the level of ease or accessibility with which financial transactions can be conducted, particularly in the context of international money transfers or sending funds across borders.
In the context of individuals, more remittable implies a greater capability or eligibility of a person to receive or send money to their home country or to other recipients in different parts of the world. This might be due to factors such as improved banking systems, expanded financial networks, or revised regulations that facilitate monetary transactions and reduce associated costs.
When applied to financial institutions or platforms, more remittable suggests an enhanced infrastructure or technological advancement that enables these entities to efficiently and securely process international payments. It implies the presence of seamless digital and banking systems, extensive coverage of payment corridors, and a greater range of financial products or services which facilitate cross-border transactions.
The term "more remittable" emphasizes the importance of an efficient and accessible financial system that enables individuals or entities to transfer money effectively, whether it is for personal or business purposes. It signifies the ability to seamlessly move funds across different countries or regions, ultimately contributing to the overall smooth flow of global financial activities.
Common Misspellings for MORE REMITTABLE
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- more re mittable
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