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In life, it’s nice when things aren’t expensive. From holidays to healthcare to groceries, we all love getting a good deal.
It’s the same with money transfers. One of the worst feelings is going into your bank to send money abroad, and discovering that there are large commission fees to send your money to your loved ones. When this happens, you can see your hard-earned money disappearing before your very eyes!
We’re delighted to announce that we’ve launched money transfers to Humo accounts in Uzbekistan!
Humo is a national current account provider created in 2019 to create greater flexibility in how Uzbek people can hold and spend their money. People sending money to Uzbekistan with Paysend Global Transfers can now make card-to-card transfers to Humo accounts as well as Uzcard accounts.
The 2020 Chinese New Year marks the start of the year of the Metal Rat. This is a sign of wealth and prosperity which will bring good fortune to people in their affairs of money and business. Traditionally during Chinese New Year, people give gifts of Red Pocket money to wish good luck and fortune for the new year to their friends and families.
The International Day of Family Remittances (IDFR) is celebrated every year on 16 June.
A family remittance is the money sent by migrant workers to support their families and loved ones back home.
According to the International Organization for Migration (IOM) there are 258 million international migrants globally (or 3.4% of the global population) who live outside their countries of birth.
