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Showing posts with the label currency

Happy Independence Day to Pakistan

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This year on the 14 th of August the Pakistani nation is celebrating its Independence Day. This day has immense importance in the history of Pakistan and for the Pakistani people because a lot of emotions are attached to achieving freedom. Muhammad Ali Jinnah was the founder of Pakistan and was awarded the title of Quaid-e-Azam. Pakistan was part of the sub-continent which was the colony of Britain for almost 90 years (1857-1947). Thousands of lives were sacrificed from starting the movement of a separate country until its final achievement. The biggest Mass Migration in human history was observed between two countries India and Pakistan after separation. Numerous causalities happened on both sides. Some Facts related to Pakistan ·        First Islamic country to get independence from British rule ·        World’s first Islamic country to obtain the Nuclear power ·        This country ...

Key Factors of Remittance

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Every day millions of transactions (Remittances) are done worldwide. People living in abroad use different platforms for sending money home. Most people ignore the key factors which play important role in Remittance.   Eventually when they bear the loss of hard-earn money then they realize the mistakes done in carelessness. Here we will discuss all those factors that must be taken into consideration before making any transaction. Exchange Rates The exchange rate is the value of one currency to the value of another currency for the purpose of conversion. As usual, remittances are made by ex-pats living overseas to their homes and there is a 100% possibility that both countries might have different currencies and values of currencies in the international market. So, it is advised for everyone to research the remittance companies which are offering the best exchange. Transaction Fee As an overseas, you must consider the transaction fee before doing remittance. Because most com...