Karachi   ->   Sweden   ->   Karachi, again   ->   Dubai   ->   Bahrain   ->   Karachi, once more   ->   London and Leeds

Friday, May 28, 2010

Remittance: All Options!

If you are an expat who remits money to homeland, you must have faced not only high remittance fee but also a low exchange rate. It's typical for people remitting money from the UAE (or Middle East in general) to Pakistan.

Worldbank now lets you view the various remittance options by choosing the sending and receiving countries. So, when you chose remittance options from UAE to Pakistan, the available options list down everything from Al Ansari Exchange (least costly) to Lari (most costly)---Western Union somewhere lies in the middle.

Do you remit frequently to Pakistan? What options do you use?