Money transfer system

Money order - form of money transfer by bank or postal system. In the money transfer is always a sender, recipient and intermediary charging for its services a fee. Money transfers are divided into internal (within a state) and external (cross-border - abroad). Cross-border money transfers are used to some developing countries, a significant and sometimes major, source of income. International money transfers are usually allocated to a separate financial and economic class and are called remittances.
Money transfer systemThere are a number of money transfer systems, which differ by the translation rate and, accordingly, charging for services. In recent years, becoming increasingly common remittances via bank cards.External and internalMoney can be in one state (eg Russian domestic transfer from Norilsk to some remote village) and abroad (for example, in America.) Accordingly, remittances in the second and otherwise transfers abroad may be made in foreign currency, or, after receiving exchanged rubles (euros, dollars, etc.) for local currency.Remittances from RussiaMoney transfer operators state the rapid increase of the market in Russia, except for international destinations.Commission and the procedureThe average commission for the transfer of 2-6% of the amount, although translation may require $ 2 and $ 10 as the minimum commission. To send a transfer is often necessary to bring in service identification document and call the name of the recipient and the destination city transfer. Depending on the system requirements may differ.