We just published our in-depth independent review of TransferGo. You can read it in full on our website, or just go through the highlights below.
All the things you need to know before sending money to Nigeria. Read our complete guide now for Nigerians living abroad. BREAKING NEWS 17/06/2016: The situation is evolving rapidly, as the President of Nigeria recently gave the CBN the go-ahead…
Exclusive interview of Azimo’s Co-founder Marta Krupinska. She tells us more about their history, strategy and services. Azimo’s Co-founder Marta Krupinska This article is part of the Spotlight series brought to you by TawiPay, the comparison site for international money transfers.…
Exclusive interview of TransferGo’s Head of Brand and Communication, Guste Sadaunykaite. She tells us about TransferGo’s strategy and their new feature TransferGo Now. This article is part of the Spotlight series brought to you by TawiPay, the comparison site for international…
A recent controversy around the unicorn start-up TransferWise Are you familiar with the cult movie “Enter the dragon”? It’s the best way to describe the buzz and publicity TransferWise was getting after their launch in 2011. It was a revolution!…
This article is part of the Spotlight series brought to you by TawiPay, the comparison site for international money transfers. The Spotlight series aims at helping people who send money abroad get all the information they need on key money…
This article is part of the Spotlight series brought to you by TawiPay, the comparison site for international money transfers. The Spotlight series aims at helping people who send money abroad get all the information they need on key money…
This article is part of the Spotlight series brought to you by TawiPay, the comparison site for international money transfers. The Spotlight series aims at helping people who send money abroad get all the information they need on key money…
This article is the first in the Spotlight series! The Spotlight series aims at helping people who send money abroad get all the information they need on key money transfer companies, and follow the latest trends of the money transfer…
Congratulations! If you’re reading it, it means that you have brave enough to change your entire life and move to another country in order to look for a better, brighter future. It takes courage, lots of it, and we, here,…
Christmas is coming soon. At this time of the year, it is very busy in stores and at the post office. Companies and the mail service have deadlines for finishing your parcel posting so that all items sent arrive on…
Product design at TawiPay is a very iterative process, as we are relentlessly tweaking and improving small aspects of our website on a weekly basis to offer a better experience to our users. Today, we are very happy to announce…
Information collected on remittance transfer costs during the last decade has shed light on the high costs incurred by migrants around the world when sending remittances, and has contributed to bringing this issue to the forefront of the international development…
On the 2nd of June, a crowd of remittance specialists, journalists, and diplomats gathered at the Swiss Embassy in London to discuss the proposition: “Transparency is the only way forward for remittances.” Bringing together leading private companies such as Azimo,…
Monito has been founded with the explicit purpose of helping migrants send money as cheaply and conveniently as possible to their relatives in their home countries. We believe that the best way to achieve this goal is to empower them…
Comparing money transfer services only takes about five minutes, but if you’re really hesitant about ‘wasting’ time, here are 6 more reasons that will convince you. 1. Save Money and Time You probably have a preferred remittance service, always the…
Azimo, Xendpay and several other money transfer operators will join forces on March 15, not to hike their fees, but to provide their services free of charge. No commissions, no exchange rate margins and no transfer fees— migrants around the…
In 2015, the World Bank expects $608 billion to be sent back home by migrant workers around the world through money transfers known as “remittances”. Three-quarters of this sum will flow towards developing countries to pay for food, education, health…
Do you work abroad and send money home? You have bills to pay or you want to support your family? If you use remittance services regularly, are you sure you’re getting your money’s worth? With all the options available, you…
Just last week, a friend complained to me, “My aunt transferred money from the US to my local savings account. It’s been 3 days but the money isn’t there yet. What’s taking so long?” She has a valid question. If…
If you regularly send money overseas, chances are you’re looking for ways to save money on those transfer fees. So seeing advertisements for ‘free money transfer’ or ‘no-fee money transfers abroad gets you excited. You’re going to save money on…
At the micro level, remittances may not seem like much. The average migrant struggles to send $200 a month back home – often irregularly – to support family and friends. However, although this flow may seem relatively small, a macro perspective…
Today, we’re releasing the next major iteration of our website! We’re calling it Cypress after the lovely IKEA tree in our office at RAINBOW LAB. Cypress changes the way users view and interact with search results. We’ve tried to make…
Understanding international money transfers in cash If you’re looking for a quick transfer of a relatively small amount of money, especially if you or your recipient don’t have a bank account, an international money transfer where the recipient receive cash…
Understanding money transfer to a mobile wallet Mobile money is a simple and easy solution to access financial services using mobile phones. Indeed, a mobile wallet is like a bank account, but is accessed and managed via a mobile phone.…
Due to the increasingly large amounts sent each year by migrants to their families living in developing economies, the role played by remittances in the development of those countries has since a decade been at the center of a growing interest…
Billions in currency exchange fees are paid by migrants every year without noticing it. Learn here how to identify and avoid them. What is a currency exchange fee? Every time you exchange money from one currency to another, the bank…
No, there are no overall best way to send money abroad. It really depends! No service will always be the best way to send money abroad. First, only a few companies have a true global presence. Local money transfer services…
A World Bank report puts the global amount of remittances in 2014 at $582 billion and estimates that migrants paid an average of 7.9% in fees on these money transfers. A huge cut that could be reduced by $28 billion…
A World Bank report puts the global amount of remittances in 2014 at $582 billion and estimates that migrants paid an average of 7.9% in fees on these money transfers. A huge cut that could be reduced by $28 billion…
