Entrepreneurship Guidance

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Entrepreneurship Guidance
Are you living abroad and looking a reliable source for the transfer of money to your loved ones in Pakistan? Are the available money transfer companies charging too much or selling at a high rate. Here is the right solution for you. In this article, we are going to discuss the top 5 home remittance companies operating in Pakistan and in last we get a company trading all these 5 services in its nationwide branches. Top remittance services in Pakistan are; Western Union, Money Gram, Ria Money Transfer, Contact and Intel Express.

What is remittance?

Remittance is the transfer of funds from one party to another, in which one of the parties is in abroad. The fund can be transferred through wire transfer, draft, mail or in the form of a cheque. Similarly, the term remittance is also used for cheque used to pay tax from a taxpayer. But mostly home remittance is the transfer of money from our loved ones from abroad. It plays an important role in developing a country’s economy as the companies receive foreign currency in the form of remittance.

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