Tag Archives: india

India, Online Money Transfer

U.S. Workers Sending Money to India Encourage Foreign Growth

Family Sending Money to India Help to Bolster Indian GDP

As India continues to top the charts for money remittance, their economy is experiencing a healthy recovery. Money transfer to India has been a stabilizing force for their economy in a number of ways. In 2014 alone, $70 million American dollars were sent to India. Not only was this money a welcome contribution to households depending on money sent to them due to lost wages, this cash infusion has positively affected the Indian economy on a macro level.

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India, Online Money Transfer

India Tops Remittance Charts, Again

Money Remittance to India Continues to Soar

Anyone who wants to send money to India today is in for a treat – given the state of the economy as of May 2015, you can enjoy some of the best rates in the remittance industry. India topped the charts for the amount sent in remittances during 2014 with a total of $70.39 billion in transfers. China came in second with $54.14 billion, and the Philippines came in third with a much lower amount of $28.40 billion. Continue reading India Tops Remittance Charts, Again →

Remittance

The Benefits of Remittances in Developing Countries

Sending Money to the Philippines, Mexico, India, and beyond

Millions of U.S. immigrants work ferociously hard every day. They engage in this labor in part to be able to send money home to help loved ones pay bills and live a better life. These remittance payments don’t just provide benefits for friends and family members who receive them; they help fuel whole economies! Continue reading The Benefits of Remittances in Developing Countries →