Corb7 Blog

Money Transfer Services is an industry which is comprised primarily of third party check processors, debit card issuers and foreign exchange companies. It is by far the largest financial market in the world, and includes trading between large banks, central banks, currency speculators, multinational corporations, governments, and other financial markets and institutions. Money transfer generally […]... Read more

Transferring funds internationally is synonymous with frequent delays. The Department of Homeland Security flags and “holds” international transactions greater than $5,000. Additionally, you have to file a currency transaction report for each transaction over $10,000. Further, bank cut into profits. We have heard an average of $1,500 for SWIFT transfer. Industry leaders are tired of […]... Read more