Banking unbanked immigrants through remittances
George Samuels
Communities and Banking, 2003, issue Fall, 3-8
Abstract:
High service fees for sending money abroad can be a financial strain for low and moderate-income immigrants. George Samuels explores how some mainstream financial institutions are offering competitive pricing for the service and, as a result, are banking a new set of customers.
Keywords: Banks and banking - Customer services; Emigrant remittances; Banks and banking - Massachusetts; Community development - Massachusetts (search for similar items in EconPapers)
Date: 2003
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Citations: View citations in EconPapers (4)
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedbcb:y:2003:i:fall:p:3-8
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