Monday, September 7, 2009

Money Transfer/Remittance Companies


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.

Send Money Home is an international money transfer price comparison site that allows consumers access to a range of alternative products/ rates available when remitting (transferring) money worldwide. Provides impartial and unbiased advice for those looking to send money overseas

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