MUMBAI (CU)_In the present day, most people in India are unable to know for sure the actual costs of sending money abroad due to the lack of transparency around fees attached to forex transactions. This is a result of undisclosed mark-up on the exchange rate often added by traditional banks and forex service providers, in addition to the usual upfront transaction fee.
A recent study conducted by a global financial technology company Wise has found that in 2020…
