---
term: "Remittance transfer"
category: "Agent payments"
url: https://agenticopenfinance.com/glossary/remittance-transfer
source: AgenticOpenFinance glossary
---

# Remittance transfer

> In US Regulation E, an electronic transfer of funds from a consumer to a recipient abroad through a provider.

Under US Regulation E, subpart B, a remittance transfer is an electronic transfer of funds requested by a sender to a designated recipient in a foreign country, sent by a remittance transfer provider. Subpart B sets requirements on disclosures, error resolution, and cancellation and refunds. An agent that arranges international payments for consumers in the US works within these rules, so the disclosures the sender must receive cannot be skipped because software placed the order.

Related terms: [Credit transfer](https://agenticopenfinance.com/glossary/credit-transfer.md), [Error resolution](https://agenticopenfinance.com/glossary/error-resolution.md), [Payment service provider](https://agenticopenfinance.com/glossary/payment-service-provider.md), [Verification of payee](https://agenticopenfinance.com/glossary/verification-of-payee.md)