Money transfer (remittance) operations (Three steps)
When a customer wants to transfer currency to someone or wants to buy or sell currency in person.
Which is usually done in three steps.
- First step (agreement) This means we agree with the customer on the rate and fee. example1 example2
- Second step (customer settlement) The customer pays the agreed currency or money. example
- Third step (money changer settlement) The exchange office pays the currency requested by the customer. exampe