Sentence examples for remittance provider from inspiring English sources
To study whether this may be the case, the bureau is assembling a database of information from a large remittance provider, as well as credit score information from a credit bureau (the report doesn't identify them, but says they won't provide any personally identifiable information to the federal government).
In the end, I got the cash converted into USD currency and will have to carry it with me until I return to Hong Kong, pay a premium to have a remittance provider handle it, or deposit in a friend's local account and get him to transfer the cash.
So Bitcoin could fill a market gap by offering lower fees on foreign exchange than traditional remittance providers like Western Union.
They hope to increase convenience and reduce fees to lure customers away from Western Union, Moneygram, and other old-school remittance providers.
Their new product, called Romit, is basically a way to send cash through a Robocoin ATM to another ATM or merchant account at fees far lower than other remittance providers.
But it is still a niche service, and it is not clear yet whether similar products will ultimately offer the mass market a better option than the status quo (including newer digital-only remittance providers) on security, speed, cost and ease-of-use.
Additionally, the remittance providers must say how much money the recipient will get and guarantee that the funds will be available by a specific date.
In addition, to account for population growth and migration, as well as changes in administrative units that had occurred since the 1999 census, the 2005 Kenya Integrated Budget Survey, the 2006 Financial Services Deepening Survey, and the locations of remittance service providers were also used in designing the sampling frame.
Remittances provide an essential lifeline for Somalia.
So what should the global development community, remittance-service providers and public authorities do to bring down costs?
We have succeeded in bringing down the costs of remittance and providing online remittance capabilities.
