| Topic: |
Religions > Atheism |
| User: |
"maff" |
| Date: |
31 Mar 2005 08:31:33 PM |
| Object: |
OT: Remittances |
The global remittance rip-off
http://www.guardian.co.uk/international/story/0,3604,1449026,00.html
Poor migrants face gross exploitation when they send money home, as a
new report and website show. Nick Cater reports
Thursday March 31, 2005
Rip-offs by banks and money transfer firms are costing consumers up to
40% of the cash they send abroad, while transactions can take up to 10
days, according to a survey published today by the UK Department for
International Development (DFID).
Sending Money Home - Remittances to Developing Countries from the UK is
a significant new piece of work on an often-overlooked source of
development funding for poor countries, the multibillion dollar flow
from migrant workers and diaspora communities.
Remittances Remittance
http://news.google.com/news?tab=gn&q=(Remittances%20OR%20Remittance)&num=100&hl=en&lr=&safe=off&
http://www.google.com/search?tab=nw&q=(Remittances+OR+Remittance)&num=100&hl=en&lr=&ie=UTF-8&sa=N
http://www.google.com/search?q=%28Remittances+OR+Remittance%29&btnG=Google+Search&hl=en&cat=gwd%2FTop
http://groups-beta.google.com/groups?q=(Remittances+OR+Remittance)&start=0&scoring=d&num=100&hl=en&lr=&safe=off&
Diasporas
http://groups-beta.google.com/group/alt.atheism/msg/e50a389233dc163b
Immigration
http://groups-beta.google.com/group/alt.atheism/msg/84ebb775a376bdb2
.
|
|
| User: "Secular Fundamentalist" |
|
| Title: Re: OT: Remittances |
31 Mar 2005 09:03:08 PM |
|
|
The gates of alt.atheism slowly swung open, and there stood "maff"
<maff91@yahoo.com>,who intoned thus:
The global remittance rip-off
http://www.guardian.co.uk/international/story/0,3604,1449026,00.html
Poor migrants face gross exploitation when they send money home, as a
new report and website show. Nick Cater reports
Thursday March 31, 2005
Rip-offs by banks and money transfer firms are costing consumers up to
40% of the cash they send abroad, while transactions can take up to 10
days, according to a survey published today by the UK Department for
International Development (DFID).
Sending Money Home - Remittances to Developing Countries from the UK is
a significant new piece of work on an often-overlooked source of
development funding for poor countries, the multibillion dollar flow
from migrant workers and diaspora communities.
Remittances Remittance
http://news.google.com/news?tab=gn&q=(Remittances%20OR%20Remittance)&num=100&hl=en&lr=&safe=off&
http://www.google.com/search?tab=nw&q=(Remittances+OR+Remittance)&num=100&hl=en&lr=&ie=UTF-8&sa=N
http://www.google.com/search?q=%28Remittances+OR+Remittance%29&btnG=Google+Search&hl=en&cat=gwd%2FTop
http://groups-beta.google.com/groups?q=(Remittances+OR+Remittance)&start=0&scoring=d&num=100&hl=en&lr=&safe=off&
Diasporas
http://groups-beta.google.com/group/alt.atheism/msg/e50a389233dc163b
Immigration
http://groups-beta.google.com/group/alt.atheism/msg/84ebb775a376bdb2
Did a quick check on the most ubiquitous service provider, Western
Union.
Sending £500 to the US will cost £37.00 in conspicuous charges, and
the recipient will get 887.52 USD (£469.59), so they pay £30.41
Total charges: £67.41=13.48%
Ouch!
David Silverman F.L.A.H.N.
aa #2208
Hang on a sec, if the Hydra grows two heads every time one is cut off, how come it's always got nine?
.
|
|
|
|
| User: "" |
|
| Title: Re: OT: Remittances |
01 Apr 2005 04:03:02 AM |
|
|
maff wrote:
The global remittance rip-off
http://www.guardian.co.uk/international/story/0,3604,1449026,00.html
Poor migrants face gross exploitation when they send money home, as a
new report and website show. Nick Cater reports
Thursday March 31, 2005
Rip-offs by banks and money transfer firms are costing consumers up
to
40% of the cash they send abroad, while transactions can take up to
10
days, according to a survey published today by the UK Department for
International Development (DFID).
Sending Money Home - Remittances to Developing Countries from the UK
is
a significant new piece of work on an often-overlooked source of
development funding for poor countries, the multibillion dollar flow
from migrant workers and diaspora communities.
I would have expected this because illegal migrants wouldn't use
banks or post offices for fear of arrest or lack the documents
to transfer money legally. But this seems to be about legal
migrants, so that's worse.
I don't know about elsewhere, but in Canada and Korea (if you're
legal) both postal and bank money orders cost a flat fee, and
traveller's cheques are free with a valid bank account. It's
the private cheque cashers that are the ripoff artists.
Illegal workers I meet from the Philippines tell me they and
illegals from other countries can use the banks without any
problems unless they're wanted by immigration for being here too
long. It's always the same: those being taken advantage of are
often the most vulnerable.
Bob Dog
-----
Divine retribution is an idol threat.
.
|
|
|
|
|
