With larger transfers (property, large payments, immigration, or business transactions), or frequent ones (remittances, pensions or mortgages), clients can sign up with traditional foreign exchange firms to get a quote.
These studies suggest a number of reasons for the "higher remittance propensity among nurses" [ 24], including the fact that women tend to be more frequent and generous remitters than men and also that nurses, as members of a caring profession, may be more responsive to the needs of their wider families [ 24].
Much less attention has been paid to other outcomes that might plausibly be affected by the reception of financial remittances and also by frequent communication with relatives abroad.
The higher remittance propensity of nurses is also consistent with other studies that have concluded that women migrants are more frequent and more generous remitters than men.
One frequent concern when estimating the impact of remittances and relatives on attitudes and behaviors is that individuals who receive remittances and have relatives abroad are unlikely to be a representative sample of the population.
Their remittances also appear to be more frequent, regular and reliable even in times of crisis.
Most significantly, he said, the remittances home are much smaller and less frequent.
And lowering the fees on money transfers — currently an average 8.7 percent of the amount sent, the World Bank says — would bolster female remittances, which are more vulnerable because more frequent.
Banks may also lack the necessary infrastructure, and may feel that frequent small transfers are not worthwhile.For most poor countries remittances are more valuable than aid.
In addition, having an urban sibling may potentially result in a greater adoption of urban lifestyles, either due to frequent contact with the urban sibling or a higher standard of living from remittances sent home by the migrant.
