Tuesday, October 07 - 2008

UAE remittance cost factors

United Arab Emirates: Saturday, November 18 - 2006 at 08:14

UAE workers who send money back to their home countries consider cost and convenience to be key factors when deciding how to make remittances, reported Gulf News. Many of those sending cash prefer to use a 24 hour service as this works out much cheaper than immediate wiring which takes only minutes but can cost three times as much. E-transfers, which avoid the need to queue up, are increasingly popular.

Jonathan Sheikh-Miller Jonathan Sheikh-Miller, Deputy Editor
Saturday, November 18 - 2006 at 08:14 UAE local time (GMT+4)

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This Article was updated on Sunday, January 14 - 2007


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