Remitting of money collected to the bank vs Remittance of money collected to the bank

Both phrases are correct, but they are used in slightly different contexts. 'Remitting of money collected to the bank' is less common and sounds a bit awkward compared to 'remittance of money collected to the bank'. The latter is more commonly used and sounds more natural.

Last updated: March 27, 2024 • 665 views

Remitting of money collected to the bank

This phrase is correct but less common and sounds a bit awkward.

This phrase can be used to describe the action of sending money collected to the bank, but it is not as commonly used as the alternative.

Show examples from the web [+]

Given the predicted future development of trade between the EU and South Korea, this will save a lot of money collected from customs duties, particularly in the chemical, industrial and pharmaceutical sectors.
Just an issue with the bank and a lack of money in it.
The bank has yet to disclose the amount of money taken.
He has plenty of money in the bank.
Can it also indicate the total amount of money collected by the European Union - and entered as 'own resources' - from all the infringement proceedings that have culminated in the imposition of fines since the entry into force of this measure?
That's a lot of money in the bank... ...for a man who makes less than 50 grand a year.
Plenty of money in the bank, so whatever she was up to, it was a cash business.
I'm sure there's lots of money in the bank.
It'd take a good few days - probably a week - to let him get that kind of money together, in cash, without arousing suspicion at the bank.
I've got a lot of money coming in that I can't put through the banks.
And I took a great deal of money from the bank.
We got a new client, and the bank will make a lot of money.
We have to recapitalise the banks, and this will cost a huge amount of money.
Just introducing the whole of the Basel II Directive is costing the banks a very great deal of money.
The thing is though, if you have that kind of money, you could put it in the bank and get half a percent interest and wake up every morning terrified that the bank had gone bust.
The SIC also questioned the operation of money market funds operated by subsidiaries of the banks, which invested heavily in securities connected to the owners of the banks.
For the amount of money owed back to the banks will always exceed the amount of money that is available in circulation.
Time for the Crock to put a bit of money in the bank, so stay put.
Our baby and the money collected for him, are to be given over the Foundling home.
He gave Colum the moneys collected for the Jacobites.

Alternatives:

remittance of money collected to the bank

Remittance of money collected to the bank

This phrase is correct and commonly used.

This phrase is commonly used to describe the action of sending money collected to the bank. It sounds more natural and is the preferred choice in this context.

Show examples from the web [+]

Given the predicted future development of trade between the EU and South Korea, this will save a lot of money collected from customs duties, particularly in the chemical, industrial and pharmaceutical sectors.
Just an issue with the bank and a lack of money in it.
The bank has yet to disclose the amount of money taken.
He has plenty of money in the bank.
Can it also indicate the total amount of money collected by the European Union - and entered as 'own resources' - from all the infringement proceedings that have culminated in the imposition of fines since the entry into force of this measure?
That's a lot of money in the bank... ...for a man who makes less than 50 grand a year.
Plenty of money in the bank, so whatever she was up to, it was a cash business.
I'm sure there's lots of money in the bank.
It'd take a good few days - probably a week - to let him get that kind of money together, in cash, without arousing suspicion at the bank.
I've got a lot of money coming in that I can't put through the banks.
And I took a great deal of money from the bank.
We got a new client, and the bank will make a lot of money.
We have to recapitalise the banks, and this will cost a huge amount of money.
Just introducing the whole of the Basel II Directive is costing the banks a very great deal of money.
The thing is though, if you have that kind of money, you could put it in the bank and get half a percent interest and wake up every morning terrified that the bank had gone bust.
The SIC also questioned the operation of money market funds operated by subsidiaries of the banks, which invested heavily in securities connected to the owners of the banks.
For the amount of money owed back to the banks will always exceed the amount of money that is available in circulation.
Time for the Crock to put a bit of money in the bank, so stay put.
Our baby and the money collected for him, are to be given over the Foundling home.
He gave Colum the moneys collected for the Jacobites.

Alternatives:

remitting of money collected to the bank

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Remitting of money collected to the bank vs Remittance of money collected to the bank