remittee

[ri-mi-tee, -mit-ee]

re·mit·tee

[ri-mi-tee, -mit-ee]
noun
a person or company to which a remittance is made.

Origin:
1760–70; remit + -ee
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2012.
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Remittee is always a great word to know.
So is flibbertigibbet. Does it mean:
a chattering or flighty, light-headed person.
an extraordinary or unusual thing, person, or event; an exceptional example or instance.
Collins
World English Dictionary
remittee (rɪˌmɪtˈiː)
 
n
the recipient of a remittance; one to whom payment is sent

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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