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imagine_raza



Posts : 99
Join date : 2010-07-18

PostSubject: Money transfer/remittance companies   Mon Jul 19, 2010 8:14 pm

Money transfer companies/remittance companies perform high-volume low-value transfers generally by economic migrants back to their home country. In 2007, the Aite Group estimated that there were $369 billion of remittances (an increase of 8% on the previous year). The four largest markets (India, China, Mexico and the Philippines) receive $95 billion. The largest and best known provider is Western Union with 345,000 agents globally followed by UAE Exchange & Financial Services Ltd
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