Etymology
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remittance (n.)

1705, "act of transmitting (money, etc.) to another place; sum of money sent;" see remit (v.) + -ance. In the general noun sense of "a remitting," remitment (1610s of offenses; 1670s of money sent); remittal (1590s); remitting (late 15c., in law), and remit (early 15c.) have been used.

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Definitions of remittance

remittance (n.)
a payment of money sent to a person in another place;
Synonyms: remittal / remission / remitment
From wordnet.princeton.edu