Question

*
a. remittance
is the money sent by the migrants to
b. foreign excha
d. loans
c service tax​

Answer 1

Answer:

In addition to the international transfer fee, a margin on the daily exchange rate is also tacked on to most foreign transfers. This rate is typically around 5% at most major banks, so if you're sending $10,000, you may have to pay up to $500.