Navigating International Transfers: Unveiling 3 Key Regulations for Sending Money Overseas
Sending money abroad involves considerations beyond domestic transactions, necessitating an awareness of regulations and documentation to ensure the funds are utilized legally and safely. Unlike local transactions, international money transfers are subject to specific rules to prevent misuse and guarantee secure reception. One crucial aspect to bear in mind is the Liberalised Remittance Scheme (LRS). … Read more