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Tag: FOREIGN REMITTANCE

Foreign Remittance

Foreign Remittance

Posted on November 30, 2025 by Banker Makhluk

Foreign Remittance Definition: Remittance represents transfer of fund from one place to another through official channel. Foreign Remittance: Foreign Remittance refers remittance of Foreign currency that are received in and made out abroad. Foreign Remittance also includes purchase and sale of freely convertible foreign bills and currencies.  Types: Foreign Inward […]

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International Trade and Foreign Exchange
Foreign remittance

What is Foreign Remittance?

Posted on June 10, 2025 by Banker Makhluk

What is Foreign Remittance? Definition: Remittance represents the transfer of funds from one place to another through an official channel. Foreign Remittance: Foreign Remittance refers to the remittance of foreign currency that is received in and made out abroad. Foreign Remittance also includes the purchase and sale of freely convertible […]

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Remittance and Bills Department
Technique-to-collect-foreign-remittance-from-abroad

Technique to collect foreign remittance from abroad

Posted on March 12, 2023 by Bankingallinfo

Technique to collect foreign remittance from abroad Foreign remittance is the process of transferring money from one country to another. This is often done to support family members, pay for education, or cover the costs of living in a foreign country. Collecting foreign remittance is a crucial aspect of international […]

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Foreign remittance
importance-of-foreign-Inward-remittance-of-a-country

Importance of foreign Inward remittance of a country

Posted on March 1, 2023 by Bankingallinfo

Importance of foreign Inward remittance of a country Foreign inward remittance refers to the transfer of money from overseas to a country. It plays a crucial role in the economic growth and development of a country. In this essay, I will discuss the importance of foreign inward remittance. Foreign inward […]

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