15 example sentences using remittance.
Remittance used in a sentence
Remittance in a sentence as a noun
$51B leaves the US in the form of remittance -- imagine all of that being USD->BTC->USD instead.
Same for banking, for vaults, for ATMs, for services like lending, payments, remittance or money transfer.
At least half of transaction fees, and often 80%, are claimed by the retail agents that capture or pay out the remittance.
" The truth is, there are significant costs that underlie a family remittance transaction.
Banks leave a bitter taste in most people’s mouths nowadays; Bitcoin can punch them hard in their guts if it can start to eat away at large industries like remittance.
The low-income people who depend on remittances are collateral damage in service of that objective.
"Sending" money falls into two categories: P2P transfers and remittances.
The larger remittance firms each individually process far, far, far more than 1,000 transactions per day. I was a monthly customer of one, and can assure you that yen can leave Ogaki and show on a Bank of America bank statement within 45 minutes.
If cryptocurrencies do nothing but put Western Union out of the foreign remittance business, they will save billions of dollars for people to whom that kind of money still means something.
Bitcoin would serve only to get the remittance to an in-country distributor, at which point it would be converted to local currency and delivered via mobile money.
Since it is also used for sending remittance from Saudi to South-Asia by labor/slaves who have their password taken away from them, it is still tolerated socially though not legally.
I don't understand what the difference is between Paypal's handling of payments and remittance of funds, which are governed by its contracts, and the terms and conditions of the work we do, which are also under contracts.
Paying by using existing remittance methods like western union and others had me flagged immediately and all my outgoing transactions were seized for "proof of income" and all sorts of other nonsense, even for small amounts like $150 transfer to Sri Lanka.
> Can you tell me of any currencies or commodities, from antiquity to 1971, that had any price or value associated with them due to "value as a remittance network"?Can you tell me any currency or commodity, from antiquity to 2009, that is a trust-less distributed payment network?
And now she needs to buy pesos, in the form of bills/notes, in exchange for dollars--at which point she is in the exact same situation as any standard remittance provider today!Everywhere in the world, one of the primary roles of banks is to manage cash logistics, and to act as the retail face of the central bank, which acts as the ultimate sink for excess cash, and as the ultimate source of cash in the event of a shortage.