Banks, money transfer firms offer incentives to encourage remittances | Video
02:14 Min
Banks and money transfer firms are attempting to attract more customers by lowering or waiving their remittance fees. Although higher amounts are being remitted from Singapore during the year-end festive season, the volume of transactions for the year so far is lower as inflation eats into the take-home pay of workers. Brandon Tanoto with more.
30 Dec 2022 10:58pm
Banks and money transfer firms are attempting to attract more customers by lowering or waiving their remittance fees. Although higher amounts are being remitted from Singapore during the year-end festive season, the volume of transactions for the year so far is lower as inflation eats into the take-home pay of workers. Brandon Tanoto with more.
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