$860 billion in small envelopes

Remittances are the quiet giant of global finance — more than three times all foreign aid combined. And the average fee is still around 6%, which means billions never reach the kitchen tables they were meant for.

Route matters more than brand

The same provider can be cheap into the Philippines and expensive into Ghana. Always compare the specific corridor: currency in, currency out, delivery method.

Timing matters too. Rates drift daily; a rate alert and a little patience routinely saves 1–2% on larger transfers. CoinMove lets you set a target rate and auto-send when it hits.

And check the receive side: a transfer that lands in seconds but needs a two-hour bus ride to collect isn’t fast. Direct-to-account or mobile wallet beats cash pickup almost every time.