The term remittance means transferring money from somewhere to the homeland through financial institutions and the format which is used is called remittance template. A remittance document will be a receipt or a document containing information about the transaction. As far as the primary information of a remittance is concerned, it includes the following information, like the name of sender, the name of recipient, amount sent, sending date, the name of agent, signatures of sender or recipient and their agents. Here we present a remittance template to give you an idea about drafting a remittance document. This remittance template has been created in MS Word. You can change its text or format according to your needs.
Importance of Remittance Template:
The free remittance template is a tool which can be used to prepare remittance related documents easily. Moreover, you can design your own format based on the layout of this template and your requirements. However, you will need to make sure certain things, like, what are your requirements? Why do you need this format? Going further, a remittance invoice helps official authorities to keep a check on the source of these payments. There are certain countries where they have separate laws for tax on remittance amounts. People who are getting regular remittances are required to submit proof of these remittance amounts. They can use remittance receipts to deposit to the revenue department or tax department.
