Migrant workers in the UK, numerous in low-paid employments, are sending £8bn every year to help families in their nations of origin, says a report from the United Nations' instruction office.
Yet, Unesco cautions excessively of this "well deserved cash" is being taken in exchange charges by back organizations.
It says that people wiring money should
only have to pay 3% in charges - but the global average is 7%.
The Association of UK Payment Institutions
says prices would be lower if regulators allowed more companies to compete in
this market.
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