Riaright arrowBlogright arrow

How to Become a Successful Money Transfer Agent

x platformfacebooklinkedin
Remittances

How to Become a Successful Money Transfer Agent

September 26, 2024 — 6 min read
Illustration of two people energetically jumping in front of a storefront with an orange and white awning. The minimalist shop, possibly a money transfer agent, is depicted with a light background, emphasizing the joyful expressions of the individuals.

The information on or through this site is provided for general informational purposes only and should not be relied on as a substitute for specific advice about laws, regulations, taxes, finances, immigration or travel. For specific advice, contact a licensed attorney, financial advisor or other professional. We disclaim all liability and responsibility arising from any reliance placed on this site. We do not warrant the accuracy or usefulness of this information. This site may contain links to other sites and information provided by third parties for your convenience. We do not endorse nor make any guarantees with respect to these sites, their accessibility, the information they contain or the way they treat any information you provide to them.

About the author

Blog post author profile image

Matthew Breakell

Originally from the United Kingdom, Matthew Breakell is an experienced content creator specializing in the importance and impact of international remittance flows.

Related posts

Why Do International Wire Transfers Take Up to Two Weeks?

Why Do International Wire Transfers Take Up to Two Weeks?

International wire transfers are electronic transfers of funds from one bank account to another across international borders. One of the most significant frustrations associated with international wire transfers is the time it takes for funds to reach their destination. Financial institutions often complete domestic transfers within minutes, but they may take up to two weeks […]

November 20, 2024

Transforming Lives: The Power of Remittances in the Dominican Republic

Transforming Lives: The Power of Remittances in the Dominican Republic

Since 1492, the Dominican Republic has served as a melting pot in the New World, embracing and fostering immigration from its inception. The Dominican Republic, from its cuisine to its music, is known for its culture deeply shaped by Spanish, African, and indigenous roots, further enriched by European and Middle Eastern immigration, such as from […]

October 11, 2024

How to Become a Successful Money Transfer Agent

How to Become a Successful Money Transfer Agent

Every year, thousands of small business owners opt to become money transfer agents, offering remittance services as an additional revenue stream. In most cases, sole traders and small commercial entities quickly discover the economic potential of the money transfer industry as well as a whole host of side benefits, including establishing a stronger rapport with their […]

September 26, 2024

Understanding the Impact of Remittances on Peru’s Migration Landscape

Understanding the Impact of Remittances on Peru’s Migration Landscape

Though it might not be the first thing you think about when this country pops up in a conversation, Peru and migration go hand in hand. From the Inca Empire all the way through to modern times, Peruvians have got a knack for moving around their unique and diverse country and have even gone beyond […]

September 24, 2024