How to minimize fees on foreign currency payments
For a freelance content writing gig that Bengaluru-based Udita Pal did a few years ago, she received $88 of the total $100 owed. No, she was not scammed. She lost 12% in fees for currency conversion and cross-border payments charged by the online money transfer company she used. Keyur Kumbhare, 22, has a similar story …
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