Remittances: Latest News and Updates, Top Stories, Videos, Photos About Remittances

Remittances News

Mexico's Remittances Pass USD 50 Bn, Surge During Pandemic

Mexico's remittances - the money migrants send home to their relatives - have soared in the past two years, and are now expected to top USD 50 billion for the first time once 2021's figures are added up. That would ...

CAD Increases To $14.3 Billion Due To High Trade Deficit

The humongous rise in CAD in Q1 is primarily attributed to huge trade deficit and the current account deficit has only widened on a net basis substantially on a year on year basis which a year ago was $0.4 billion in ...

Emirates Bank, SBI Join Hands For Easier Remittances

Dubai, Nov 11 (PTI) A leading UAE-based bank has announced a partnership deal with State Bank of India to help NRI customers in the gulf carry out their remittances instantly and more conveniently. Emirates NBD has expanded its partner bank network ...

ICICI Bank Launches ‘Money2World’, India’s First Fully Online Service For Outward Remittances

Mumbai: ICICI Bank, India's largest private sector bank, today announced the launch of ‘Money2World', a fully online outward remittance service for resident Indians. With this, non-account holders of ICICI Bank can now transfer money online from any bank account in India ...

Withdrawal of funds through ATMs for people without bank accounts to be possible in due time: RBI

On the sidelines of the Nasscom Leadership forum, RBI Governor Raghuram Rajan on Wednesday announced the approval of the payment system that shall enable people maintaining no bank accounts and receiving remittances to withdraw funds from Automated Teller Machines or ATMs. ...