OKX Wallet for Remittance Workers: Sending Money Home With Lower Fees Than Western Union
A migrant worker in the United States sends $500 home to the Philippines every two weeks. Through Western Union, that transaction costs $15 in fees, plus an unfavorable exchange rate that reduces the actual amount received by another 3 to 5 percent. Over a year, these inefficiencies cost the worker roughly $650 in unnecessary losses—money […]