A remittee is a person or party who receives a payment or remittance. There are several synonyms for this word, including beneficiary, payee, recipient, obligee, and recipient of funds. Beneficiary specifically refers to someone who receives a financial benefit, while payee is more general and can refer to anyone who is paid. Recipient is the most commonly used synonym and implies that someone has received something from another party. Obligee is a legal term that refers to someone who has the right to receive a payment or debt, and recipient of funds is a more formal alternative to recipient. All of these words can be used interchangeably depending on the context of the financial transaction.