Technology

Certain federal protections apply if you send money abroad

Technology

Certain federal protections apply if you send money abroad

These includes information about: The exchange rate, fees and taxes they collect from you, fees charged by the company’s agents abroad and certain other institutions involved in the transfer process, the amount of money expected to be delivered, not including foreign taxes or certain fees charged to the recipient, if appropriate, a statement that additional foreign taxes and fees may be deducted from the remittance transfer.

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