👉 Nonremittable refers to an individual or entity that has not received a remittance from another party, either through a financial transaction or otherwise. This means that they have no access to funds, and it is impossible for them to receive any remittance. In many cases, nonremittables may be individuals who are unable to pay their bills on time, individuals who have lost their jobs or income due to economic conditions, or individuals who have had financial difficulties in the past.
