Foreign currency notes and coins are necessary..When any one wants to travel overseas they need foreign currency.
If anyone wants to send money to overseas they need foreign currency. Transferring funds to overseas called as remitting. Should select the authorized dealer to transfer the money to overseas otherwise your money may not reach to other side
we can recognize the illegal or unauthorized remitting agencies by following things
1)They normally operate on a small scale
2) They claim that they are able to provide remittance services efficiently, without the need for any documents or identification
3) They rarely use documents to validate and verify the transactions
Many online consultancies and financial intuitions and bank institutes are providing remittance service
if we want to pay the fee for student who studying in overseas we have to remitted the foreign currency. Now a day’s remittance services are became very cheap
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