remittee

[ ri-mi-tee, -mit-ee ]
/ rɪ mɪˈti, -ˈmɪt i /

noun

a person or company to which a remittance is made.

Origin of remittee

First recorded in 1760–70; remit + -ee

British Dictionary definitions for remittee

remittee
/ (rɪˌmɪtˈiː) /

noun

the recipient of a remittance; one to whom payment is sent