remittanceorder

noun
UK /rɪˈmɪtəns ˈɔːdə/
US /rɪˈmɪtəns ˈɔːrdər/

A paper that tells a bank to send money to someone.

Grandma sent a remittance order to pay for my school books.


OTHER MEANINGS

2. An instruction from one bank to another to pay a sum of money.

The bank processed the remittance order within one business day.

3. A document used by a customer to send funds abroad.

He filled out a remittance order to send money to his family overseas.

4. A formal request to release funds held on account.

The company issued a remittance order to settle the invoice.