Spanish postal money transfer proves popular
According to survey by the National Institute of Estadística (INE), around 14 pct of immigrants living in Spain, send money to their country of origin through Correos, the Spanish postal operator.
Through a network of more than 2,200 multiservice post offices in Spain, as well as online, international money orders have proved popular. Correos signed an agreement last August with the Congress of the UPU in Geneva, to link up with postal operators in Chile, Uruguay and Morocco to offer a new and affordable express international money order service, a service that could extend medium term to other countries of Latin America and the Maghreb.
The service allows for the transfer of money between each country in a fast and safe form, with payment to the addressee within around 15 minutes. In addition, Correos can allow the shipment of remittances more than 190 countries of the world.
Correos said the results of the Survey showed that it was providing a much-needed service for immigrants with respect to money transfer.
According to survey by the National Institute of Estadística (INE), around 14 pct of immigrants living in Spain, send money to their country of origin through Correos, the Spanish postal operator.
Correos recently signed agreements with the post offices of Uruguay, Chile and Morocco to offer a new urgent international money order service.
This study looked at the frequency and the methods more used by immigrants to send money abroad and 13.8 pct of those asked confirmed that they habitually send money to their country of origin via Correos.
Through a network of more than 2,200 multiservice post offices in Spain, as well as online, international money orders have proved popular. Correos signed an agreement last August with the Congress of the UPU in Geneva, to link up with postal operators in Chile, Uruguay and Morocco to offer a new and affordable express international money order service, a service that could extend medium term to other countries of Latin America and the Maghreb.
The service allows for the transfer of money between each country in a fast and safe form, with payment to the addressee within around 15 minutes. In addition, Correos can allow the shipment of remittances more than 190 countries of the world.
Correos said the results of the Survey showed that it was providing a much-needed service for immigrants with respect to money transfer.
