Recent decades have seen a spectacular rise of the remittance industry, drawing maximum eyes and attention upon it. International money transfer has the greatest benefits for the economy of the receiving countries due to abundant monetary inflows. These benefits of the remittances fall under two broad categories: Micro-level impacts (individual…
Sending money overseas is not as easy as doing a Whatsapp or Skype call to the family in your home country. It involves quite some procedures, not many, but it can be a bit confusing at the beginning and gradually you will get into the pace of it. I’m assuming…
The world is a widened seamless horizon, however with the successful intervention of technological advancements…
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 national currencies of each country. The financial market is always in motion with fluctuating foreign exchange rates and the field…
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 of doing it, let’s say, traditional and emerging ways. Before making an international money transfer, it is inevitable that you…