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The history of international money transfers is rich and diverse, and it has evolved as technology has advanced and more people migrated to different parts of the world.
We are now more connected than ever, thanks to the development of increasingly advanced technologies, making international money transfers simple...
Are you an Asian who relocated to Australia for higher education or better job opportunities?. If so, you may need to transfer or receive money from abroad while you are here...
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In the wake of the COVID-19 pandemic, our approach to managing financial transactions has undergone a complete transformation...
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In the world we live in today, technology is a huge part of our daily lives. This is especially true in the case of smartphones, which serve purposes other than just making and receiving phone...
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You must have observed that inflation has been coming to the headlines a lot lately. After many years of being ignorant of inflation, it has become a hot topic for everyday conversation...
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In order for online trading platforms to improve the customer experience and reduce financial losses, it is essential to actively recognize the dangers of transactions. In today's increasingly...
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In earlier days, international money transfers took weeks and months to arrive into the hands of the beneficiary. However, the current technologically-forefront world has invented...
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Overseas transactions always involve selling one currency to buy another - for example, selling Australian Dollars to buy Indian Rupees or Philippine Pesos - at a specified exchange rate...
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When you think of doing an international money transfer, never ever think that banks are the only ways to go for the overseas transaction, because it is not. There are plenty ...
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In this technologically-driven world, each and every field is getting digitised with its online services. Just like any other, international money transfer has also rushed to create online websites and mobile applications. So, now let’s take a look back, follow our steps backwards and understand ...
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An Australian settler can send money to another country for diverse reasons. However, they usually have to state the purpose of remittance upon conducting an international money transfer. Forex transactions often give a wide range ...
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Dwelling into the global market, almost every asset is set for trade (buying and selling), including commodities, stocks, bonds and currencies. You might seem to wonder, aren’t currencies...
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Beginning with the simplest explanation, a remittance is a transfer of money to a friend or family member in another country, most probably in their home country. Millions of people...
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A cashless society might seem like an impossible dream for at least some of you, but let me say “you cannot be more wrong”. Modern society is moving at jet speed with cashless dealings, and yeah Covid-19 pandemic has accelerated the pace more than ever...
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If you are new to conducting international money transfers, chances are you've heard and wondered what could possibly be “the SWIFT network”. Here we are explaining the system so that you know what to expect...
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The blissful arrival of internet technology and mobile phones, followed by, the digitalization of money and mobile banking have changed the overall face ...
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Talking about the term “Currency Volatility”, it is the unpredictable movement of exchange rates in the global foreign exchange market. Being an immigrant in Australia who wishes to send some ...
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International money transfer has seen a new dawn with the introduction of technology into the remittance industry. In contrast to the time-consuming ways of money transfer...
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Tackling the first question of “what are remittances?” the answer is as follows. According to Wikipedia, “a remittance is a non-commercial transfer of money...
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With the ever-rising number of migrant workers and settlers, foreign remittance is very important in this era of globalization. Why do people migrate to other countries? Migration happens as developed...
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As a by-product of globalization, with the national borders wide open for migration, many people have migrated to foreign countries as seasonal workers...
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Most people think that international money transfer always comes with an expensive bill. Well, it isn’t always the case! One can easily make an...
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International remittance is a wide and vast field, networking almost all nations with each other on the basis of cross-border money transactions and currency exchanges...
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The best and most convenient digital solution to international money transfer is to transfer money online. Yes, online money transfer is easy, flexible, fast and convenient for all the customers...
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Coronavirus, first discovered in 2019 and becoming worldwide spread in early 2020, is still reigning in the world in 2021. It is quite an...
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Online banking or Net banking! Well, both these words aren’t a surprise anymore, they have become a significant part of our lives in varying degrees of paying bills, day-to-day shopping’s, international money transfer etc. It is simply...
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People setting off to foreign countries for the chance to improve their work prospects and to earn better money and living conditions is not a new phenomenon. Migrating began decades...
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In this digital age, transferring money online through mobile apps is the most eminent way of money transfer. With mobile banking, one can send money on the go, no matter...
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For a long period of time, people continued to do bank transfers for exchanging paychecks, overseas money transfers etc. They go down ...
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Being a land of multicultural diversity, Australia promotes all religions and upholds its cultural values close to its heart. As part of...
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International money transfers are indeed a complex space, where numerous factors influence the final payout the recipient will get in the home country. It is your...
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Foreign settlers very often conduct international money transfers, causing a huge number of transactions to happen every day. However, the value of money...
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The remittance industry has been flourishing in recent years and has established itself as the top mechanism of moving money abroad...
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As a migrant settled in Australia, you might be in search of the best money transfer service to transfer money online...
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The remittance industry is growing day by day. Statistics of online and offline remittances...
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As overseas settlers or migrants always in need of sending money to your family...
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Currency exchange rates are one of the major factors that affect the economic health of a country, thus, are analysed in close precision in economic ...
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The greatest of all boons technology has instilled upon our lives is the literal elimination of physical locations and boundary...
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International money transfer services have become increasingly convenient and easy with the coming of advanced technologies...
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In general, innovations in the financial and economic sector take place with years and years of efforts and hard work...
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2020, the year went by, has directed our lives to a new normal of digital dependency...
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If you are an overseas settler, you certainly deal with currency exchange rates on a regular basis. Even if you are not a settler but an international...
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As we all know by the twinkling stars and well-decorated trees in the neighborhood, Christmas is around the corner...
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Mobile banking can be literally translated as the use of mobile devices or tablets to conduct money...
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If you are new to Australia and wishes to send money to your home country...
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Sending money overseas have become a necessity rather than a need...
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Exchange rates can be defined as the value of one currency against a foreign currency...
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You always see the promotions of money traders offering great exchange rates in international money transfers...
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International money transfer industry keeps rising on every single day...
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Despite an economic slowdown in recent years, the future of Australian job market is strong. In the next five years the number of workers ...
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If you are thinking of moving to Australia, you should first understand the different types of Visa that are
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Australia is a great place to travel and explore. Travelling in Australia is easy and safe. Here we explore some of the must visit places in Australia.
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Australia known for its migrant population has its unique blend of many culinary combinations. It has its own native Indigenous Australian cuisines. The Europeans have contributed
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The ICC T20 World Cup is the pinnacle global event for the fastest growing format of the game. In 2020, the world's best cricketers will be on show in Australia!
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Australia, officially The Commonwealth of Australia is the largest country in Oceania and the world's sixth-largest country by total area.
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SWIFT stands for Society for Worldwide Interbank Financial Telecommunication
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NEFT stands for National Electronic Fund Transfer. NEFT in India is a nation-wide payment system through which funds
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If you are coming to Australia as a student and if you are looking for part time jobs to cover your
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An IBAN is used to uniquely identify a customer’s bank account
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TFN is a 9-digit unique number issued by the Australia Taxation Office. TFN stands for Tax File Number.
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Whether you are thinking about daily commute or a long road trip here is everything you need to know about driving in Australia.
First things first, you must have a valid driver’s
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Can I open a bank account in Australia and start depositing money before I move in?
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Have you noticed recently, AUSTRAC being on high alert against fraudsters in the remittance industry?
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Have you noticed recently, AUSTRAC being on high alert against fraudsters in the remittance industry? The recent campaigns AUSTRAC ran is pointing towards this. We think we are safe from legal liabilities and our money is secure when we approach our trusted grocery shop vendors in our locality or when sending money...
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