Tag: Remittance
CBI Lodges 3 Cases On Illegal FOREX Remittance; Recovers Rs 94.37L
New Delhi: The Central Bureau of Investigation (CBI) on Friday registered three separate cases against unknown officials of multi-state co-operative [...]
CBI lodges 3 cases on illegal FOREX remittance; recovers Rs 94.37L
CBI lodges 3 cases on illegal FOREX remittance; recovers Rs 94.37L | News Room Odisha
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PayPal Xoom adds cross-border remittance on debit card deposit
Financial technology firm PayPal's international money transfer service called Xoom has announced a new product that lets users in the United States s [...]
Al Ansari Exchange honoured with Best Remittance and Foreign Exchange Company recognition at MEA Finance Awards 2022
Al Ansari Exchange, the UAE-based foreign exchange and worldwide money transfer company, was recognised as the Best Remittance and Foreign Exchange Co [...]
Why crypto remittance companies are flocking to Mexico
Mexico is the second-largest recipient of remittances in the world, according to 2021 World Bank statistics. Remittances to the nation jumped to a rec [...]
Japan to Toughen Remittance Rules to Fight Money Laundering Using Crypto: Report
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Latin American Exchange Bitso Brings Crypto Remittance Service in Colombia
“These transactions are not affected by volatility at all,” said Emilio Pardo, country manager of Bitso in Colombia. “The price of the stablecoins tha [...]
POSB launches forex remittance service
BY TANYARADZWA NHARIMASS market financial services giant, POSB Bank says it plans to bolster its foreign currency earning capacity through POSB Remit, [...]
Remittance drops in May, piling pressure on forex
Remittance flows to Bangladesh declined 13.15 per cent year-on-year in May as higher rates of US dollars in the informal markets are prompting many m [...]
BB moves to encourage remittance to boost forex – The Daily Industry
Staff Correspondent: Bangladesh Bank has withdrawn the provision of mandatory submission of documents [...]
CBN Records 48% Fall In Forex Remittance Inflow
Central Bank of Nigeria (CBN) has said it recorded a total of 48 percent decrease in direct forex remittances inflow into the country.The nation’s ape [...]
IMF blames fall in Nigeria’s remittance flows on forex crisis
Published 23 October 2021
The uncertainty in Nigeria’s foreign exchange market contributed to the decline in diaspora remittance flows into the [...]
CBDCs could cut cross border remittance costs by half: BIS report
The Bank for International Settlements (BIS) has published a report touting the benefits of central bank digital currencies (CBDCs), especially in [...]
El Salvador’s Bitcoin adoption might remodel remittance in Central America
The Central American Financial institution for Financial Integration (CABEI) has recognized remittance as an essential facet of El Salvador’s Bitco [...]
Remittance corporations hesitant to assist BTC regardless of authorized tender regulation in El Salvador
Regardless of El Salvador’s not too long ago handed regulation mandating Bitcoin as authorized tender, native remittance corporations are reportedl [...]