Remittances are payments sent from one person to another, usually from one country to another. Remittances are non-commercial, so no goods are being traded.

Carrie Brandon Elliot reviews questions and action plans generated by the January 1 effective date of a 1 percent tax on remittances from the U.S. to foreign recipients.

The Aite Group recently conducted a survey that analyzed remittance practices, benchmarks and perspectives of US and International corporations. The findings confirmed some commonly held views but ...

Payments company Nala pivoted to offer remittance service in 2021, tapping the growing money transfer market in Africa, and demand for reliable and affordable services. Nala founder Benjamin Fernandes ...

A district court held that an estate’s remittance to the IRS was a tax payment rather than a deposit. It denied the estate’s refund request because it occurred after the three-year recovery period had ...

UAE residents can now send money directly to mobile wallets in Egypt, with transfers arriving within 30 minutes ...

After a significant delay, the U.S. wire transfer systems Fedwire and The Clearing House Interbank Payments System will deploy expanded remittance information on Nov. 21, 2011. The large-value systems ...

For consumers who are trying to send a small amount of money from US to a relative in Pakistan, India or Mexico, it probably means queuing at a money-transfer agent, providing documents and other ...

NEW YORK, June 26, 2023 /PRNewswire/ -- Future Fintech Group Inc. (FTFT), (hereinafter referred to as "Future FinTech", "FTFT" or the "Company", a comprehensive financial and digital technology ...