Taxing remittances drives families deeper into poverty. Skip to content. All Sections. ... Submit a letter, of no more than 400 words, to the editor here or email [email protected]. Share ...

While remittances play a key role in maintaining quality of life in receiving communities, workers sending them sometimes sacrifice their own economic well-being to support their families overseas.

How Crypto Is Revolutionizing Cross-Border Remittances Remittances are not money transfers—they're lifelines that tie families together and drive economies.

A typical remittance transaction takes place in three steps. In step 1, the migrant sender pays the remittance to the sending agent using cash, check, money order, credit card, debit card, or a debit ...

In an email, Western Union said "Western Union is aware of plans to update the Cuba Restricted List. The company will comply with all applicable laws and regulations as it pertains to this list." ...

Trump has stated that the U.S. would suspend remittances to Mexico if it did not agree to cover the estimated $10 billion cost of building the wall. That is no small threat; Mexico is the fourth ...

HSBC's China unit said on Tuesday it has not been told by regulators to restrict outbound remittances and was unaware of recent capital outflow curbs, after billionaire Mark Mobius, its client ...