A Money Transfer of Remittance is a transfer of money by a Sender to an individual in his or her home or friends anywhere in the country. Money sent home by migrants competes with international aid as one of the largest financial inflows to developing countries. Workers' remittances are a significant part of international capital flows, especially with regard to migrant labour areas. .
In simple terms it is a process of sending money from one city to another city or from one individual to another individual across any city in India. It involves Sender (Person willing to send money) and Receiver (Person to whom money needs to be sent). A medium to Facilitate Transfer of Money – Indeepay Outlets
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