Sentence examples for remitting funds from inspiring English sources

Congress passed a bill remitting funds (eventually nearly $12 million) for the development of "educational and other cultural activities" under the guidance of the China Foundation for the Promotion of Education and Culture.

Led by their "commanding general", the uncommonly astute Nathan Mayer in London, the brothers were able to offer their services to the British and other governments transferring subsidies and remitting funds for war.In the early days, the family fortune swelled with the profits of smuggling operations, market speculations and front-running on government commissions.

The study finally highlights several administrative and legal issues that would need to be resolved, including options for remitting funds back to developing countries.

Migrants need to decide whether or not to remit funds to a recipient in El Salvador and if so how much.

The incentives for Morocco are clear: it wants citizens abroad to remit funds, to invest back home and to support its political ambitions.

No wonder: Mexicans sent $13.3 billion in remittances home from America last year (providing the second-largest source of income after oil), and three-quarters of those who remit funds have no bank accounts.

Certainly, some of the ideas mooted making it illegal for EU citizens to remit funds to Switzerland, or withdrawing the operating licences of Swiss banks within the EU seem outlandish.

Most expatriate residents -- of all nationalities -- who remit funds to their home country do so through formal exchange houses (like Western Union and its local competitors) or informal hawala mechanisms.

A government spokesman said: "The Government is committed to supporting a healthy and legitimate remittance sector, allowing UK residents to remit funds abroad whilst also ensuring a robust anti-money laundering regime.

OFAC authorized remittances to third-country nationals for travel by third-country nationals to, from, or within Cuba, if the travel would be authorized by a general license (if conducted by a U.S. person); thus, for example, a Cuban living in the United States could remit funds to relatives living in Spain for the purpose of a family visit to Cuba.

Casas often have correspondent relationships with U.S. banks and are widely used by Mexicans working in the U.S. to remit funds to families back home.