Saving Money as You Pay Large, Unexpected Tax Bills
What do taxes and money remittance have in common? Nothing exactly, but if you receive a hefty tax return, you’ll likely be able to help your family and friends overseas. As noble as that may seem, unfortunately, taxes are unavoidable and have a way of snagging more money than bargained for, and often without notice. Those of us who have had the wind knocked out of our sails after an appointment with the accountant, know how menacing a huge debt to the government can be. Continue reading Should I Pay My Taxes With A Credit Card?
Sending Money Abroad Through Your Bank vs. Money Remittance Service Provider
With today’s technological advancements and capabilities, sending money abroad is easier than ever. Individuals who send money abroad to family or friends are often faced with many decisions before remittance can take place, and this may cause confusion. Different factors like transfer fees, reliability, transfer time and cost are important elements to consider if you want a loved one to safely and expeditiously receive money. The question often arises of whether or not it’s safer to use a bank or money remittance center to send money abroad. While the final answer does depend on the individual case, consider the following problems with banks the next time you are involved in money remittance. Continue reading What’s the Best Way to Send Money Overseas? Cost and Convenience Comparison.
Dollar, Yuan, Yen, and Euro Make it Easy to Send Money Online to Other Countries
Sending money online to other countries continues to be a normal practice for immigrants and other foreigners working in the United States. As long as the dollar continues to be the worlds leading reserve currency, the exchange rate between the U.S. dollar and other forms of money will be to our advantage. Continue reading Why It’s Important for the U.S. Dollar to Remain Top Reserve Currency
Foreign Countries Sending Money to Nepal find New Ways to Target Populations in Need
People who are sending money to Nepal help to rebuild homes and communities. Researchers from the University of Southampton have teamed up with WorldPop project and Flowminder Foundation to monitor the movement of people affected by the 2015 earthquake in Nepal. By studying anonymous mobile phone data, they can effectively track the displacement of populations and send relief in the affected areas. Continue reading Remittances to Nepal Rebuilding Homes and Hope
Unemployment Drops, Exchange Rates Improve, and Money Transfer to Mexico Skyrockets!
Increase of money remittance to Mexico is an indication of a recovering economy, financial authorities say. The first quarter saw a staggering $5.6 billion in remittances sent to Mexico from the United States. According to the Bank of Mexico, money transfer to Mexico has increased 5% compared to last year’s remittances of the same period. California is responsible for sending the most remittances to Mexico with, 1.6 billion dollars sent, followed by Texas and Illinois. Continue reading California Leads Increase in Money Remittance to Mexico
Financial Aid Helps Pay for College, Money Remittance Makes Up the Difference
For many it’s the American Dream: beautiful home, white picket fence, well-behaved children, beautiful and caring spouse, safe community, an outstanding education and the ideal job. This picture of perfection is the vision for some hardworking Americans, but there remains a sobering reality that can’t be ignored. Making enough money to purchase a home, a vehicle, and eventually to retire often requires job seekers to possess a college degree. Continue reading 3 Ways to Help Family and Friends with Financial Aid
Lucky Money Discusses Money Remittance to India, Mexico, Vietnam and Others
Remittance, the process of sending money to someone in a distant country, is most common between an immigrant and their relatives or friends in their home country. According to the International Monetary Fund, money remittance can be segregated into two categories:
1) Workers who have lived abroad for over a year
2) Workers who have lived abroad for less than one year
Continue reading Sending Money Home – How does Remittance Work?
Earthquake Recovery Will Continue to Rely on Money Transfer
When sending money to Nepal, not only are you helping beloved family members and friends, you are playing a vital force in the improvement of the country’s economy. Two key factors that comprise most of Nepal’s economy have historically been generated from tourism, and money remittance.
Continue reading How Money Remittance to Nepal Shapes the Country’s Economy
Convenient Service to Vietnam!
You can now send money to Vietnam as well as Philippines, India, Mexico, and more than ten other countries. Refer your friends to earn rewards. View All Countries
Lowest fees in the industry!
For first-time customers, the fee is waived ($0) when paying with your bank account and your recipient receives the local currency at the destination country. Tell your friends!
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