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**The true cost of remittance: fees, FX margins and hidden charges**
This article from Inpay discusses the true cost of remittance, highlighting the various fees, FX margins, and hidden charges that impact the amount beneficiaries receive. It references World Bank and UN data to illustrate the scope of the $857 billion industry and the collective effort to reduce remittance costs to 3% or less by 2030. The piece examines factors like service providers, transfer corridors, and transaction amounts that influence these costs.
Inpay·
