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Showing posts with the label remittance

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...

Is Remit Choice cheaper than Bank Transfer?

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  Unclear which one to choose Remit choice or bank for the cross-border money transfer. If you are in seek of knowledge does it worth sending via Remit choice or just relying on the bank for international payments. This guidance will cover all your questions. In-depth comparison of Remit Choice Vs Banks, we'll go through the difference in rates, charges, safety, speed, and more. Plus, this guide will help to convey a message that how a little change in the rates and charges can increase or decrease the overall cost. Speed:   All payments with banks usually took 4-5 working days for completion. But with Remit choice, all the international payments are done on an instant basis just valid documents of sender and receiver are required. Safety:   Remit choice is a safe and secure medium of sending money internationally like banks. The company is officially registered by FCA and HMRC (regulating authorities in the UK).  Price: Remit choice   is more economic...

What is Family Remittance?

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  Remittance is the amount of money sent by ex-pats from one country to another. The question might come to mind why people left their families and starts living in abroad. They do it because they want to enhance the living standard of themselves and their families. Family remittance is money sent by an overseas to directly the home country to support its family. To live abroad and experience a new culture is not as easy as it looks. Some compulsions and poor lifestyles urge people to live abroad to earn and support families. Overseas are the force of laborers, workers, doctors, and many other professionals who work overseas. They mostly belong to under-developed countries. The ex-pats are real boosters and supporters of the economies of countries worldwide. The movement of money from country to country helps them to grow and stand independent. All governments should develop policies that support the role of these hard workers and value their services. According to some factual d...

Protect Children from Evil Eyes

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  Children are like flowers and childhood is careless. If they are treated well they become a groomed personality. And if something bad happens to them it distorted their whole life. There is a clear difference is found whose growth is under the parents and who grow under the influence or bad happenings.   Nothing is worst than the feelings of a child who got kidnapped and use for immoral and illegal benefits. The child who faces such kinds of incidents never comes back to normal life even after recovery. Worldwide facts define the proportion of that out of 100 minimum number of child abduction is 9 and it is higher in underdeveloped countries where security and law and order situations are pretty weaker than in developed countries.   The curse of child abuse, kidnapping, domestic violence, and mistreatment has firmly dug its paw into our societies. The ratio of Raping and killing innocent flowers is increasing day by day showing the mentality and disgracefulness of soci...

Want to be a Millionaire?

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Have you watched the title and want to be a Millionaire?   Most of human nature is based on imagination. If you won’t be a Millionaire due to any reason but at least you should imagine it.   We only see the display picture of a Millionaire person but could never see the hard work behind this success. If you want to be a Millionaire starts doing this right now. Earning, expenses, and investment are key factors that can directly influence the living standard of any person. You just need to formulate a strategy that can bring them in line. Have a look at the tips…………. ·        Save your money by depositing it in fix saving account. And decide on Less withdrawal and more deposits from time to time. ·        Get the services of financial and economical experts for better management of finance. ·        Make investment decisions by forecasting the best in the coming future. ·  ...

Compensation Must Satisfy the Work

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  Compensation or wage is just like a reward in the shape of money which is awarded to the worker after the work is done. It is the basic right of laborers to get an amount just after the work is completed. And the wage must justify the sweat of workers.  But it has been observed and reported that a high ratio of workers is not getting paid according to the work done. Farmers are the backbone of the economy of a country. They are involved in producing basic necessary eatables like vegetables, fruits, and grains. Many workers are involved in producing lucrative products like coffee, clothing, and chocolates which is million-dollar industry. Even they are facing problems like poverty and low standards of living. To end that discriminative behavior at the lower level Fairtrade movement is introduced to reduce the poverty ratio, mistreatment of the workers, climate issues, and economic constraints around the world. The organization that raises the voice for the equal rights of wor...