The Unintended Consequences of Overregulated Banking | Finance Magnates

 

In years past however, transfer fees and money exchange commissions became a matter of concern to individuals sending money across European borders. Now, within the EU, border openings and laws allow workers from one country to reside and work in another, and tourists to travel with one currency throughout several countries. The sending of funds across borders has become an incredible business development opportunity in its own right, leading to an uptick in providers on the continent.

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