Discover key insights from Manulife's Q4 2024 earnings call, including record-breaking results in Asia, robust remittance targets, and enhanced ...

Users can transfer up to Dh150,000 per transaction and a total of Dh450,000 per month to any valid IBAN within new corridors.

Careem Pay’s remittance service offers competitive exchange rates that are 50% cheaper than banks and real-time processing, ...

Despite Khan’s calls to the diaspora to stop sending money back home, remittances are soaring — even from supporters.

On January 30, 2025, the Consumer Financial Protection Bureau (CFPB) announced  that it had entered into a consent order with an ...

Remittance made up 26.31% of Nepal’s GDP equivalent, from just 1.5% in 1993. The share of remittances to GDP in Nepal is one of the highest in the world — only behind Tajikistan at 38.42%, according ...

Nepal Rastra Bank reported a 4.1% increase in remittance in the first six months of the fiscal year 2024-25. Overall, imports are up 7.1%, exports are up 31.8%, and the total trade deficit has ...

On January 30, 2025, the CFPB issued an order against a remittance company for misleading consumers about fees and failing to provide accurate disclosures, harming consumers who relied on the ...

Do note, however, that this TCS exemption will be available only if the remittance is made out of loans taken from financial institutions. Preeti Kulkarni is a financial journalist with over 13 ...

After remaining stable for nearly three weeks due to strict measures by the Bangladesh Bank, the remittance dollar market has once again started to become volatile, with rates rising amidst mounting ...