India Receives Highest Amount Of Money Transfers
Remittances have become an incredibly popular practice in recent decades; they’ve even had a profound affect on global migration patterns. International migrants sent $529 billion in remittances in 2012, and India received more money in remittances than any other country on Earth; India reported an astonishing $70 billion in money transfers in India. While the Indian rupee is getting weaker, money entering the economy in the form of remittances from around the world enables India’s economic strength and power. Continue reading The Top Countries Sending Money Remittance to India
Sending Money Online Has Surprising Benefits
In July, workers sent $1.48 billion to their families in Bangladesh, representing the country’s highest-ever month for receiving remittances from migrant workers. Continue reading Remittances Transform Bangladeshi Economy
Money Transfers and Financial Responsibility
The United States may have a reputation of being the “richest country in the world,” but that doesn’t mean its citizens know everything about personal finance. Does your child understand the basics of banking, saving money, or transferring money? The reality is, probably not. A recent survey administered by the Programme for International Student Assessment showed 15-year-old American students received only average marks on questions about financial topics, compared to their counterparts in other countries.
But why are young Americans lagging in personal finance skills? As leaders in the global money transfer market, we believe possible reasons include: Continue reading Why Young Americans Are Behind on Personal Finance Skills
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Are you getting started with money transferring for the first time? Great choice! Whether you want to send money to the Philippines or transfer funds to India, Lucky Money makes the process as easy and inexpensive as possible. Continue reading Money Transferring: How to Get Started
Trends In Money Transferring
Remittances represent a crucial service for those who need to send money online to family members in other countries. By transmitting funds in this matter, you can help loved ones receive money quickly and safely while avoiding excessive fees and travel. Continue reading Growth of the Remittance Market
Money Transfer Around The Globe
You’re sending money from the Bay Area to relatives in the Philippines or searching for a better way of doing online money transfers to save on fees and protect the fidelity of your transactions. In either case, you’re curious about the topic of remittances. Continue reading The Top Countries Receiving Remittances
Money Remittance Explained
Whether you’re looking to send money to the Philippines to support your extended family or exploring Indian money transfer options to help your spouse, you’re probably simultaneously excited by and dubious about the prospect of sending money online. Continue reading Advantages of Sending Money Online