IPA: /rɪˈmɪtəbl/
KK: /rɪˈmɪtəbl/
Able to be sent back or returned, often referring to payments or debts that can be forgiven or canceled.
The fees for the service are remittable if you cancel within the first month.
Remittable → It is formed from "re-" (meaning again) and "mittere" (meaning to send). The word "remittable" means capable of being sent back or returned again.
Think of sending something 'again' ('re-') — that's why remittable means it can be sent back.