An official remittance survey has been initiated by the State Bank of Pakistan (SBP) for overseas Pakistanis. The purpose of this survey is to gain a deeper understanding of remittance behaviour, user preferences, and the challenges faced when sending money to Pakistan. The feedback collected will support SBP in enhancing…
A remittance transfer is a system of international electronic money transfer mode that has become indispensable for individuals to send money to their friends or family across borders conveniently and…
A remittance is a transfer of funds from one person to another. Remittances can broadly be defined as any payment made in response to an invoice or bill. The term…
Did you know, that in 2020 Australia received US$1.1 billion in remittances and sent out US$4.3 billion in remittances to foreign countries? This data shows that there are plenty of…
What do you understand about the term international money transfer? Transferring money from one country to the other for family needs, financial assistance, business operations etc. All international money transfers…
I assume that you are ready to send money overseas and wish to know what exactly is a cash-pick up facility! Well, a cash pickup option is a convenient way…
The remittance, also widely known by the name international money transfer, is an industry as old as the time when people started migrating to foreign countries. However, the recent decades…
Global pandemic Coronavirus has flipped all our lives in different ways and pushed us into digital lives. Although this vast majority of people came into online platforms after the pandemic,…
The cross-border international remittance, resulting from the ever-rising number of migrations is a matter of global importance. It is crucial as the exchange is not of goods and services, but…
Remittance is not a simple task, it is an international affair in which the currencies of two different countries are being exchanged one for the another. There are many ways…