UAE exchange houses are set to increase remittance fees by 15 per cent
cash remittance
Latest in cash remittance
cash remittance
Remittances to MENA region fall over 5% to $61bn, Egypt slumps while India and Philippines among top recipients
Remittances into the Middle East and North Africa fell during 2023, according to a World Bank report
Arab Monetary Fund
Pakistan announces remittances deal with Arab countries
Pakistan and Arab countries to boost remittance payments with cross-border money transfer deal
cash remittance
India slaps 20% tax on residents’ credit card spends in foreign currency
The high tax rate on credit cards is expected to impact overseas holiday trips by residents Indians, besides their payments for a host of services and goods, including viewership fees for international OTTs
Al Fardan Exchange
Why cash continues to be king in remittances sector
Convenience of sending money virtually may be offset in countries without a developed financial infrastructure, according to Al Fardan Exchange CEO