International remittance refers to the transfer of money by foreign workers to their home country. This process often involves sending funds to family members or friends, helping them cover living expenses, education, or healthcare. Remittances play a crucial role in the economies of many developing nations, providing a vital source of income. The transfer can be done through various channels, including banks, money transfer services, and online platforms. Popular services like Western Union and PayPal facilitate these transactions, making it easier for individuals to send money across borders quickly and securely.