Friday, April 10, 2009

A Guide to International Money Transfer


If you are living or working overseas or making a foreign purchase, finding the best way to transfer your money internationally can be a time consuming and costly exercise.
Remittances, the portion of migrant workers’ earnings sent home to their families, have been a critical means of financial support for generations. For the most part, these flows have historically been “hidden in plain view”, often uncounted and even ignored. All that is changing. As the scale of migration increases, the corresponding growth in remittances is gaining widespread attention.

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