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In which case you're looking at 5-25% fee on either side so its still two middle men and they are even greedier than the old ones. But I think he was actually
by sanswork 11y ago
In which case you're looking at 5-25% fee on either side so its still two middle men and they are even greedier than the old ones. But I think he was actually talking about things like ATMs in MX and TH which allow you to enter a code without having a card and it'll spit out money. The remittance company gives the bank money, they give them a code and you get the code and get your cash. It's meant for personal transfers though generally. I don't see banks offering it at a commercial scale for free.