Updated Jan 15, 2021 | 07:53 IST
Aeldra launched in 2020 with a focus on bridge banking between India and the U.S. Indians can now open an FDIC-insured U.S. bank account with a Mastercard Debit Card from India on their mobile Indians can now open a US bank account while sitting at home. Here is how 
New Delhi: Indians can now open a bank account in the US with an Indian passport. Aeldra, a US-based fintech start-up, has started offering US bank accounts to Indians without a social security number or a US address. With just an app, now you also open a bank account in the US with an Indian passport.
Remittances posted a six-month low in November after a decline in inflows from major country sources during the period, data released by the Bangko Sentral ng Pilipinas (BSP) on Thursday revealed.
Eternal Wallet: The New Revolution in Currency Exchange and Overseas Remittance
Currency exchange and overseas remittance has traditionally been a headache, with hidden costs and long waits. Now, one company aims to change it all. TOKYO, JAPAN, January 13, 2021 /EINPresswire.com/ For those who have used or experienced currency exchange and/or overseas remittance with traditional methods such as bank transfers, international wire sending, we believe many have felt unsatisfied with the service they received “If there was only a way to send more money, more efficiently…” Atom Solutions Co., Ltd. (hereinafter referred as Atom Solutions), has conceived, developed, and realized what could be a revolution in currency exchange and overseas remittance, with Eternal Wallet.
At 23.5% CAGR, Asia-Pacific Digital Remittance Market Anticipated to Reach $269.78 Billion By 2026 | Recent Developments
Asia-Pacific Digital Remittance Market PORTLAND, OREGON, UNITED STATES, January 9, 2021 /EINPresswire.com/ Allied Market Research published an exclusive report, titled, “Asia-Pacific Digital Remittance Market By Remittance Type (Inward Digital Remittance, and Outward Digital Remittance), and Remittance Channel (Banks, Money Transfer Operators (MTOs), and Others): Opportunity Analysis and Industry Forecast, 2019-2026”. The Asia-Pacific digital remittance market report offers an in-depth analysis of every crucial factor that affects the market growth including recent market developments, key market players, and decisive trends. The study begins with a detailed analysis of major determinants of the market such as drivers, challenges, restraints, and upcoming opportunities.
Imran Khan thanks overseas Pakistanis for making December yet another record-breaking month
Prime Minister Imran Khan. PHOTO: PID/FILE
Prime Minister Imran Khan on Friday thanked Pakistani diaspora for keeping remittances above $2 billion for sixth consecutive month. I want to thank our overseas Pakistanis for yet another record-breaking month of remittances in Dec: $2.4 bn, the premier wrote on his official Twitter handle.
He said that first time in Pakistani remittances have been above $2 billion for sixth consecutive months. Total for 6 months of this fiscal year $14.2 bn - a 24.9% growth over last yr [year], he further wrote on the microblogging site.