Approximately $550 billion in remittances are sent to the developing world from the developed world. Transferring money to your family is essential if you need to support them. However, international money transfers usually come with high fees. A lot of banks or money transfer services will take around 5-7% of your total transfer amount as a transaction
The invention of online banking has transformed a hectic and lengthy process into a quick and secure method of sending money. According to the Nilson report, around 1.01 billion online transactions occur worldwide. While online money transactions have many benefits, we all know that online money transfers can be sometimes delayed than usual. This article
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International fund transfers to more than 100 corridors