Unlike most services such as shopping and banking which has largely gone online. As much as 90% of the >$600bn money transfer business is still being done over-the-counter. This traditional way of sending money is cumbersome, time consuming and expensive. According to the World Bank the ave. cost of sending money for migrants is as high as 8%. BCRemit’s technology allows us to offer fees for as low as 1% and at the same time making the money transfer experience secure, fast and convenient.
