How to Send Money Without Paying Crazy Fees : How money transfer work

The Modern Shift Podcast by abdelhamid bou ikhessayen

Episode notes

This episode primarily provide a comprehensive analysis of global remittance costs through the Remittance Prices Worldwide (RPW) report, which is published by the World Bank Group and monitors the costs incurred when sending money across major corridors globally. This report tracks remittance prices by different service provider types (Banks, MTOs, Mobile Operators, Post Offices) and regions, noting that banks remain the most expensive option while mobile money and debit cards are generally the cheapest instruments for originating and receiving funds, respectively. Additional sources offer brief, general context regarding international money transfer methods and legal notices (Terms of Service and Privacy Policy) associated with service providers like Monito and

 ...  Read more
Keywords
bank account for immigrantsITIN bank account USAbanking tips for immigrantsimmigrant finance USAhow to use credit card to build creditmoneybanktransfer