The official business definition of Remit Details is the information that is sent to a recipient of funds in order to facilitate the payment of those funds. This information can include the amount of money to be sent, the date of the transaction, the name of the sender, the name of the recipient, and the banking details of both parties. This information is essential for the successful completion of a financial transaction and is used to ensure that the funds are sent to the correct recipient. Additionally, remit details can also include additional information such as the purpose of the payment, any applicable taxes, and any additional fees that may be associated with the transaction. By providing this information, it helps to ensure that the funds are sent in a timely and secure manner.