"Remittances" Example Sentences
1. The government is encouraging the use of mobile banking for remittances.
2. The remittances sent by migrant workers contribute significantly to the country's economy.
3. She sends monthly remittances to her family back home.
4. The remittances were delayed due to a technical issue in the bank's system.
5. The Central Bank has introduced new regulations to monitor remittance flows.
6. Remittances help alleviate poverty in many developing countries.
7. The remittances were transferred to the recipient's bank account within minutes.
8. The World Bank report shows that remittances to developing countries reached a record high last year.
9. Despite the pandemic, remittances to Mexico remained high in 2020.
10. The remittance company charges a nominal fee for the transfer of funds.
11. The government provides various incentives to encourage remittances from overseas Pakistanis.
12. Remittances from abroad are crucial for the survival of many families in rural areas.
13. The remittance industry plays a vital role in the economies of many countries.
14. He used a remittance service to send money to his son studying abroad.
15. Remittances are subject to currency exchange rates, which can sometimes be unfavorable.
16. The bank's remittance department is open seven days a week.
17. She received a remittance from her uncle living in the United States.
18. The use of blockchain technology has revolutionized the remittance industry.
19. The World Bank predicts a decline in remittances due to the COVID-19 pandemic.
20. The remittances were sent via a secure online platform.
21. The government has set a target to increase remittances by 20% this year.
22. The remittance company offers competitive exchange rates for different currencies.
23. The recipient must provide valid identification to receive the remittance.
24. She relies on remittances from her husband who works overseas.
25. The remittance market is expected to grow at a CAGR of 5% over the next five years.
26. The remittance business is highly regulated to prevent money laundering and fraud.
27. The bank offers remittance services to customers at its branches.
28. The remittances were used to pay for her sister's medical treatment.
29. The World Bank estimates that remittances to low and middle-income countries will reach $540 billion this year.
30. The remittance industry faces challenges such as high transaction costs and limited access to financial services in some regions.
Common Phases
- Sending
remittances;
- Receiving
remittances;
- Tracking
remittances;
- Documenting
remittances;
- Encouraging
remittances;
- Facilitating
remittances;
- Regulating
remittances;
- Taxing
remittances;
- Growing
remittances;
- Reducing remittance costs;
- Withdrawal of
remittances;
- Clearing
remittances;
- Settling
remittances;
- Processing
remittances;
- Managing
remittances.