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What Your Remittances Mean to Your Country 

Blog post New   |   November 24, 2022

A hidden engine of globalization is helping to drive the world’s economic growth, and it’s not what you think. It’s remittances! People (including yourself) are sending money back home to support family members and make a global difference. Remittances—money migrants send back to their families in developing countries—are the hidden engine of economic development in many countries.  In some cases, remittances have overtaken FDI, private capital flows and aid as […]

News

MCB Bank Pakistan partners with Crosspay to launch international money transfers to Pakistan

Karachi and London: One of the fastest-growing digital money transfer services Crosspay has partnered with MCB Bank, one of the most reputed and trusted banks in Pakistan. Crosspay, a worldwide money transfer platform allows customers to send money to Pakistan in three simple steps directly from their phones or computers without having to deal with the hassle of traditional money transfer services. With a population of more than a million […]

December 2, 2020

News

Settled Status scheme for EU people who wish to remain in the post-Brexit UK

The UK government unveils details of the “settled status” scheme for EU Citizens who wish to remain in the post-Brexit UK Currently, there are around 3.2 – 3.8 million EU citizens who live and work in the UK. As the UK is about to leave EU, it has developed a special scheme to provide a provisional stay for these EU citizens.  Under the new scheme, EU citizens living in the […]

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