Travelling overseas is one giant step, enriched with a series of adventures and surprises. Undoubtedly, it is never convenient for most people to leave their environment and adapt to another. Yet, some people manage to overcome all the associated constraints. The modern era of technology has brought a revival in communication […]
In the modern world, everyone has a motive to prefer foreign countries for movement, such as employment opportunities, better lifestyle, fresh head start, etc. According to a report concluded in 2017, around 188,000 expats from Pakistan were living in the UK. In contrast with the information from 2008, when approximately 189,000 […]
Did you know that you can save much more through better banking techniques? Your bank account is the heart of your finances, as it is where your principal income and expenses go each month. As a small business owner, expatriate or an everyday consumer, you can get the most out of […]
Are you afraid that your funds will not reach your loved ones on time? With the increasing global collaborations, skilled individuals from Pakistan and other developing countries prefer to work in areas with better livelihood options. In search of opportunities, they travel abroad and stay there for years. They get very […]
Introduction:- Do you know essential facts about the global remittance industry and the reasons why India has gotten a significant chunk of international remittance for the past few years? Let’s figure it out below here. Background:- Third world countries, at times, cannot provide their people with the kind of opportunities, […]
Are you in search of sending money to friends or relatives quickly? While a bank account transfer might be your first choice, many people do not have a bank account for many reasons. According to a recent FDIC poll, more than 9 million Americans fell into this category without bank accounts. […]
As of 2021, approximately seventy thousand Bangladeshi expats live in the United Kingdom. Bangladeshi expatriates have increased in the UK since 1980 resulting in an exponential growth in international remittance inflows and the country’s economy moved upward along with it. Many send money to Bangladesh to support their families financial needs, […]
Introduction:- Do you know the link between the Bioeconomy and the global remittance industry? Both have become an increasingly urgent need of the hour because the world is fast approaching a point where it will be deprived of all the natural resources necessary for survival. And, the importance of remittances cannot […]
The hour for the Earth is an hour for a safe future. – ACE Money Transfer – Each year, at 8:30 p.m. on the last Saturday of March, people worldwide join together to take action and raise awareness about the challenges confronting our one home, “Earth”. However, this gathering of Earth Hour […]
Most people avoid studying inflation because they think it is a technically complex phenomenon. There are hardly any forums where you can learn it quickly. Everyone should know about inflation and its link with the balance of payment deficit goals. When expatriates make international money transfers, like the Pakistani overseas workers […]
In search of a bigger picture, you often tend to overlook the tiny little details that turn out to be the most beautiful moments of your life. Something very similar happens when you wander in the pursuit of happiness. You spend every moment of your present hoping that the future will […]
If it were not for the technology surrounding all aspects of life, international money transfer(s) would still be an uphill task. Every developing country worldwide has vast populations of expatriates migrating from different parts of the world. These expatriates, for instance, the Indians, essentially need to make an online money transfer […]
Introduction: Do you want to know about the need for remittances, what hurdles people faced in the olden days to move funds, and how those hurdles have been overcome in the modern era? The world has always been divided between the rich and the poor. Now, rich countries like the […]
Today’s world is constantly improving through searching for new technologies and operation methodologies to more contemporary sound money transferring systems sources. But most countries worldwide still rely upon traditional systems of transferring money – such as the ‘hawala’ system. A huge number of expatriates worldwide travel to other countries for better […]
Introduction:- In this article, you will learn all you must know about GDP and GNP, their relation with a country’s economy, and their link with the remittance industry. Also, it will shed light on the factors that contribute to the development of a country’s economy. Let’s start. Background:- The gap between […]