FX gain. If the transaction involves currency conversion an MTO would most likely get a little action on the FX conversion gain.
Besides the fixed transfer fee per transaction, what other revenue streams do MTOs and remittance agents have?
How exactly do remittance companies and money changers operate and make money?1 ansMoney Transfers: How does the MoneyGram network operate?1 ansHow many MoneyGram agents operate in the US, Mexico, and worldwide?1 ansWhy are MoneyGram domestic transfers often pricier than international transfers?1 ans