Recognising Foreign Workers’ Contribution to the Economy

Fintech

Recognising Foreign Workers’ Contribution to the Economy

By: Angel

DID YOU KNOW?

  • 93% of migrant workers regularly sent remittances home (Immediate household needs, children’s education, paying off debt, savings, and supporting family members).

  • Migrant workers from the Asia-Pacific region sent US$256 billion home

  • A total of 320 million family members were supported by remittances

  • Money Remittance contributes 60% to a receiving household’s income

But have you wondered how much the remittance fee would be? 

According to United Nations Capital Development Fund, the average cost to send money from to Viet Nam ranges from 3% - 20%, depending on the Money transfer provider used. 

Here at Instamo, we want your hard - earned money to reach your family as much as you do. That is why we offer you the best money transfer service where you are able to do international Money Transfer. We are open 24/7 and we offer fast remit. 

We run operations across 30 countries with Zero-Margin Fx Rates and no hidden cost. Well, the cherry on the cake is our fast and efficient same day transfer. 

With our low-transaction fee, you can now transfer with a smile on your face in these 4 easy steps: 

1. Download the Instamo App

2. Register an Account

3. Enter Recipient Information

4. Make your Transfer

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