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A much faster, cheaper and safe way to send money.From Canada to Nigeria.From Nigeria to Canada.Myfx is 10X cheaper and 3X faster than your local bank.
Remittance Trends in Canada Recently new government data showed that about 4 in 10 Canadians wire money back home to family and/or friends.
Of the immigrants who entered Canada during 2000-2001, 41 percent say they have sent money at least once in their first your years, according to Canadian statistics.
For countries such as Lesotho, Haiti, and Jordan remittances comprise almost one-third of the gross domestic product.
Other countries include Jamaica, the Philippines, and the Dominican Republic, according to the World Bank Figures.
Global remittances worldwide, has soared to $369 billion last year - double the amount being spent on foreign aid to developing countries.
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