Crossword Genius

Hand in money in Brazil for pardoning (8)

Ross

I believe the answer is:

remittal

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'brazil for pardoning' is the definition.
I can't judge whether this definition defines the answer.

'hand in money' is the wordplay.
'hand' becomes 'mitt' (synonyms).
'in' is an insertion indicator.
'money' becomes 'real' (I can't explain this - if you can you should give a lot more credence to this answer).
'mitt' inserted inside 'real' is 'REMITTAL'.

'in' acts as a link.

Can you help me to learn more?

(Other definitions for remittal that I've seen before include "action to cancel obligation?" , "transfer" , "reference" , "Handing over" .)

I've seen this clue in The Times.
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