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Type Of Remittances

Types of Remittances

The remittances can be classified into four types including Family Remittances, Community Remittances, Migrant Worker Remittances, and Social Worker Remittances. Family Remittances: It refers to remittances that are sent by individual immigrants working in foreign locations to their family, relatives or friends in their home country. These remittances are sent every month and they assist […]

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