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by remittance vs by wire

Both phrases are correct, but they are used in different contexts. 'By remittance' is used when referring to a payment made through a bank or money transfer service, while 'by wire' is used when referring to a payment made electronically through a bank transfer. They are not directly comparable as they serve different purposes.

Last updated: March 15, 2024 • 1243 views

by remittance

This phrase is correct and commonly used when referring to a payment made through a bank or money transfer service.

This phrase is used to indicate that a payment is being made through a bank or money transfer service.

Examples:

The supplier requested payment by remittance.
Please settle the invoice by remittance.
The funds were received by remittance.

Show examples from the web [+]

Remittance Girl. By Remittance Girl. To listen to an audio podcast, mouse over the title and click Play. Open iTunes to download and subscribe to podcasts.
... lack of access to the banking sector by remittance senders and/or receivers, and difficulties for migrants to obtain the necessary identification documentation to ...
Apr 10, 2015 ... ... users surveyed in Ontario, "27% of users had no idea whether exchange fees were included in the prices advertised by remittance providers.
... Staff Working Paper. Guidelines. Banking Business · Insurance Business · Microfinance Business. Schedule of charges by Remittance Service Provider ...

Alternatives:

by bank transfer
by money transfer
by electronic transfer
via bank transfer
via money transfer

by wire

This phrase is correct and commonly used when referring to a payment made electronically through a bank transfer.

This phrase is used to indicate that a payment is being made electronically through a bank transfer.

Examples:

The payment was sent by wire.
Please transfer the funds by wire.
The company prefers to receive payments by wire.

Show examples from the web [+]

Drive by wire, DbW, by-wire, Steer-by-wire, or x-by-wire technology in the automotive industry is the use of electrical or electro-mechanical systems for ...
Fly-by-wire (FBW) is a system that replaces the conventional manual flight controls of an aircraft with an electronic interface. The movements of flight controls are ...
The use of fly-by-wire controls with their optimised side-stick controllers is a primary competitive advantage for Airbus, which has applied this innovation on each ...
May 13, 2013 ... Steering wheels, watch your backs. This summer will see the world's first production steer-by-wire car—the steering wheel talks to a computer, ...

Alternatives:

by bank transfer
by electronic transfer
via bank transfer
via electronic transfer
by electronic payment

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