TopicExchange rates & FX
envoi de fonds · /ɑ̃.vwa də fɔ̃/
envoi de fonds
envoi de fonds/ɑ̃.vwa də fɔ̃/noun
money sent, often abroad, to family or recipients
argent envoyé, souvent à l'étranger, à la famille
Exchange rates and fees heavily affect how much arrives.
Le taux de change et les frais pèsent fort sur le montant reçu.
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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