Remittances and how to reduce costs

by Developed Africa 20. June 2014 09:00

Not only has Barclays Bank attempted to close down remittance services, but now Merchants Bank, in the US, is closing its remittance services to Somalia today.

So just how much does it cost Africans to send remittances, and how could those costs be reduced?

Africa is Paying a Huge Price for Money Transfer Fees Infographic


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