what is the difference between money transfer system and remittance system?

Question

could you give me sites where i could get a sample of this systems?

Answer 1

money transfer is for personal payments, like electronicly paying bills or transfering your funds between your accounts.

Remittance is for payroll, benefits, tax, superannuation, etc, and works both on sending (employer paying) and receiving (employee being paid) ends of the transfer.

both systems are able to record transfers for future reference, but usually the transfer system will keep the records at the bank whereas the remittance sytem will keep the records on the employer's hard drive as well.