IPA: /rɪˈmɪtə/
KK: /rɪˈmɪtər/
A person who sends money as a payment or transfer, often to someone in another place.
The remittor sent money to support their family back home.
Remittor is formed from "re-" (meaning again) and "mittere" (meaning to send). The word refers to someone who sends something back or again, often in the context of payments or messages.
Think of someone 'sending back' ('re-' means again and 'mittere' means to send') — that's what a remittor does.