by Kate AyaloguPascal Vuvu is a Nairobi, Kenyan citizen who migrated to Canada on June 12th, 2006. He has been using remittance services ever since he moved to Canada, taking care of his loved ones back home and sending funds to his Orphaned cousins in Uganda. On average Depending on how much Pascal saves from working, he sends approximately $100.00 CD abroad using services such as Western Union and Money Mart through Canada Post. He is charged $16.00 by Western Union for every $50.00 to $100.00 he sends, not including exchange rates. The cheaper alternative is to use Money Mart, which charges him $10.00 to send $50.00 to $100.00 abroad; however since banks are only found in Urban areas, Pascal must factor in travel expenses (transportation costs) in order for his family to attain the accesses they need to receive the funds.
Tuesday, 29 March 2011 11:17