Australian banks charge up to A$30 ($22.94) per transfer, compared with A$5-A$8 charged by remitters.

AUSTRAC’s first enforcement action was taken against a small money remitter in 2009. US government agencies are also very vocal about the crime risks posed by money remitters.

Migrant workers and non-resident Bangladeshi will get Tk 107 per US dollar for sending the greenback through banks and exchange houses, according to a decision of the Bangladesh Foreign Exchange ...

On June 21, Philip W. Milne, MoneyGram's president and chief executive, told the House Financial Services subcommittee on financial institutions and consumer credit that Bank of America had told the ...

The Department of Internal Affairs has filed civil proceedings in the Auckland High Court against two Auckland-based money remitters under anti-money laundering law.

"Remitters shouldn't be sending transactions in the millions, they shouldn't be sending transactions much over $20,000. We have a situation where there's no ceiling and that is what's happening ...

Australia’s Anti-Money Laundering regulator has taken action against 13 remittance service providers and crypto exchanges, with over 50 others still being investigated regarding possible ...

"These valuable remitters and our garments workers are the 'unsung heroes' of the economy," Dhaka University economics professor Wahiduddin Mahmud said, speaking as chief guest at the Remittance ...

Reward for remitters Wed Jan 20, 2016 12:00 AM Last update on: Wed Jan 20, 2016 03:28 AM 10 NRBs get CIP status Staff Correspondent Wed Jan 20, 2016 12:00 AM Last update on: Wed Jan 20, 2016 03:28 AM ...