Sentence examples for remittance process from inspiring English sources

The pilot scheme will be developed to test and establish audit mechanisms to track payments at the sending, clearing and receiving stages of the remittance process.

Bitcoin also seems to have been introduced to manage remittance to developing countries thanks to it low-cost operating structure, especially as a lot of money is currently lost in fees along the remittance process.

Many people in developing economies are subject to complicated remittance processes, exorbitant online payment fees and high currency exchanges.

"It's cheaper for us to process," said Angeline Depauw, director of remittance processing for Verizon, about online bill paying.

This article therefore, harmonizes the limitations and juxtaposes them in the mirror of remittances administrative process, and thus, proposes some adjustment to the current foreign aid management and administrative process.

Remittances and the process of transferring money between people and organizations continues to be a huge business — worth some $613 billion globally, according to the latest figures from the World Bank.

Consequently, various studies on the efficacy of administration and management of remittances provoked the conceptual framework of remittances designed in the Fig. 2 as a learning tool for aid administration; Fig. 2 Simple administrative process of remittances.

IN TAPACHULA, a furnace of a city in southern Mexico, people line up inside an air-conditioned branch of Banco Azteca to process their remittances.

In the light of the findings, the study pitches its tent around the concept of remittances as a learning process for aid administration.

On the one hand, we hypothesize that the receipt of financial remittances may induce a process of political disengagement from the state that will be reflected in lower expectations concerning its role in the economy and as provider of jobs and social welfare.

CIMEX is Cuba's biggest company, turning over more than $1 billion; among other things, it processes remittances from Cubans abroad and rents property to foreigners.The new guidelines promise to intensify the decentralisation of the economy that Raúl favours (and Fidel opposed), granting wide autonomy to state companies.