Technology is the greatest boon that humans have ever invented. Technology, not being a static form, is dynamic that evolves along with the age and new inventions. It makes our world a more comfortable place to live. Almost all the fields and sectors in the world have their mechanisms run…
International remittance is a strong word that we hear in terms of the exchange rates, the economy of the countries etc. Remittance is simply the transfer of money between a sender and a recipient settled in two different countries. It is an international money transfer! With the rising policies of…
Every country needs a Financial Intelligence Unit (FIU) that plays an essential role in combating the criminal activities of money laundering and terrorist financing. FIU takes special care and efforts to receive, evaluate and share financial information. Any kinds of suspicious activities seen in international money transfers must be reported…
Foreign immigrants in Australia regularly send remittances to their family, friends and relatives in their respective home countries such as India, Pakistan, Sri Lanka, the Philippines etc. The real question is, Why? Why do they make an international money transfer? What could be the reasons behind sending remittances? In this…