Banks Near Zero Hour on $124 Trillion of Flows
A shopper counts U.S. dollar banknotes at a checkout counter in a Best Buy Co. store in Chesapeake, Virginia, U.S. (Photographer: Luke Sharrett/Bloomberg)

Banks Near Zero Hour on $124 Trillion of Flows

(Bloomberg Opinion) -- What’s the first thing that comes to mind when someone mentions “remittance”? Expatriates sending money home. Second? Lousy exchange rates.
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