Technology

Remittances: How to Send Money Abroad

Technology

Remittances: How to Send Money Abroad

A remittance is a payment from one place to another, whether it’s a personal transfer or a payment to a business. The most common form of remittance happens when people send money to their home country while working abroad. Banks and credit unions might be a good option for infrequent transfers. Depending on your bank’s services, you may be able to send funds to a partner bank, retail store, or other location in select countries.

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