Bangladesh has very quickly moved towards the digitization of its remittance sector. Keeping in view the potential of this sector, Bangladesh is fascinated by the cash inflows attached to online money transfer services. Money transfer to Bangladesh is now easy and affordable for all types of remittances integrated with online money […]
Money Transfer to Gambia had improved when people wanted to help those back home. The Gambia has shown its commitment to implement Agenda 2030 by mainstreaming SDGs in the National Development Plan, implementing the SDGs. The Government then continues to engage in the private sector, civil society, and a development partner to […]
If you live in this age of technology, you may know how AI is making its place in all sectors of life and industries alike. It is not astounding that all walks of life are rapidly accepting AI as their integral part of existence because AI is valuable and effective in […]
The idea of a voice-based international remittance service was considered two years back. The purpose was to help non-residents to transfer money in the country anywhere at any bank. The core motive behind this initiative was to make money transfer easy. Voice-Based international remittance service helps residents to transfer money to […]
The world of international money transfers has accelerated promotion and growth with modern technology to perform the money transfer to Gambia or any where else in the world. Expats working and living abroad have felt the effects of how easy, fast, and convenient money transfers to friends, families, and other people […]
If you are making payments overseas regularly, online money experts may help you stay on top of your business overseas. They may also help you take care of the family members you have back home from a single flexible account. These foreign currency accounts are about assisting you to send money […]
If you want to send money online instantly, there are a few factors to keep in mind. These things will help you choose the best deal for international remittance. Sending money online, no doubt, has become the quickest and the most efficient way of money transfer, but it does require you […]
So you are planning on conducting the money transfer to india or other countries but not sure about the exchange rates? International money transfer is different from the traditional methods. When sending money across borders, there are specific rules and regulations that the recipient or the sender country have set. To […]
In the whole worldwide economy, remittances show one of the leading international flows of financial resources. Worker remittances build up a critical process for transferring resources from many developed to developing countries. Remittances are the most significant source behind foreign direct investment. Such as the online money transfer to Bangladesh and […]
The Nigerian Central Bank is paying the recipient that uses the formal channels to get US dollars from foreign countries. The move comes as the latest efforts by the authorities to boost the flow of remittances in the shortage of hard currency. Recipients will have 5 naira for each %1 they […]
Digital payments are transactions via digital or online modes, with no physical exchange of money involved. Digital Payments, considering their vast applications, have become a new standard, making people’s lives very much more manageable. Suppose you want to send money to Philippines; you should primarily use digital mediums to focus on […]
Though Foreign Currency Accounts give you a lot of benefits, they may also have some disadvantages. When you want to send money to Nepal online with a credit card, you will have to face some disadvantages. They are listed as follows: High Minimums Banks may usually need daily lowest limits before […]
Total sent money to Nigeria by Nigerian expatriates in 2021 is decreased by 27%, but this money transfer to the home country is considered much valuable in lockdown and disease outbreak. As a result, diaspora remittances inflows into Nigeria plummeted 27% year-on-year (YoY) to $17.2 billion in 2020 from $23.55 billion […]
Expatriates from Bangladesh send money to Bangladesh to indirectly support the country’s economy; the main purpose is to fulfill families’ basic needs like education, food, health, and other normal life necessities. Remittances are a vital source of funding for some of the world’s developing countries, and their value far outweighs ODA. […]
Billions of migrant workers send money to Pakistan and other developing countries to their families every year. The overall value of remittances hit a record $554 billion in 2019, according to the World Bank. Remittance account for a significant share of GDP in several nations. What are some of the challenges […]