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OUTWARD REMITTANCES
With rapid development in the means of telecommunication, the world has become a global village. Businesses and linkages are expanding beyond national boundaries. People frequently need to send and receive money from one country to another.
When a person remits money from one country to another country, in the country of origin it is called outward remittance. Dollar East (DE) offers several fast, convenient and easy to use means of remitting money abroad. These include:
Demand Draft (DD)
Telegraphic Transfer (TT)
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