When you transfer money overseas you invariably double the complications, currencies and cost compared to sending money within your own country.
The two basic costs to transferring money are: The advertised charge including the fee for the transaction and also the hidden charge. The hidden charge usually amounts to not being given a very competitive exchange rate. This is how some money...
The need to transfer large amounts of money overseas is growing and beginning a much more common practice. Whether the purpose is for purchasing a second home overseas, buying a car, for business purposes or simply because you are emigrating the need for safe and efficient money transfer services is growing.
One of the most important things to remember when transferring large amounts of...
The money transfer at the moment currently runs to well over $250 billion and is set to continue to grow further. Currently the growth rate is at 10-12% per year with no signs of slowing. This is mainly due to increased globalization, more migrant workers and the increased efficiency and security of money transfer companies.
There are a variety of methods to transfer money overseas. Here we...
With over 175 million people living outside of their country of origin, the growing usage of migrant workers and the continuation of globalisation the money transfer market looks set to continue its current growth levels of 10-12% per year. Currently the market is already worth over $250 billion with more and more companies organising new and innovative services for transferring money alongside...
The demand for reliable, efficient and safe money transfer systems has never been greater. Increasing numbers of migrant workers, globalisation and the internet have all helped the money transfer industry to become a US $250 billion per year industry. That figure is likely to increase over the coming years aswell, the current growth level is 10-12% per year. This of course has lead to more and...
Here is a money transfer comparison of the different methods to transfer money and some of the main companies offering such services. The three main methods for transferring money overseas are: cash transfers, money orders and bank transfers.
Cash Transfers
These are done by specialist companies that are able to transfer money around the world quickly and efficiently. Here are some of...
The money transfer industry is steadily growing at about 10-12% per year. This is mainly due to increased migration, globalization and new and improved technologies.
One of the latest additions to the money transfer market is worldwide money transfer via mobile phones. This segment of the industry alone is set to become a $8 billion revenue opportunity for mobile phone operators from around...
Recently a couple of Australian travelers arrived at a bar in Bangkok, Thailand. After the Australians efforts at ordering an extra cold beer were thwarted by a lack of thai speaking ability an expat English man stepped in with a few choice words of thai which enabled the procurement of a cooler beer. Subsequently the Aussie couple were soon in discussion with their new friend about all their...
Fear we all say is natural and most people apparently think that it is OK to be fearful of someone or something but have you ever took a step back and taken a look at the actual effects of the fear you feel related to your own life?
Firstly fear can stifle you decision making, making you procrastinate for so long that eventually the opportunity has disappeared by the time you work up the...
What is visualisation and why should I bother with it?
Visualisation is a technique where you use your imagination to create a picture or movie in your mind that you deliberately put together yourself. Rather like painting a picture you have complete control to create an image that you desire. By seeing this picture you will:
a) be able to focus more on achieving that goal because you are...