TopicExchange rates & FX
überweisung · /ˈyːbɐˌvaɪzʊŋ/
überweisung
überweisung/ˈyːbɐˌvaɪzʊŋ/noun
money sent, often abroad, to family or recipients
überwiesenes Geld, oft ins Ausland an Familie
Exchange rates and fees heavily affect how much arrives.
Wechselkurs und Gebühren beeinflussen den Ankunftsbetrag stark.
Examples
Workers abroad send a monthly remittance to their parents.
Banks compete on fees for each remittance transfer.
A weaker home currency makes each remittance stretch further.
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