Posted on: July 17th, 2006
Filed Under: [ Hispanic News ]
Tags: Colombia, family, remittance, remittances
“Nubia comes down to a storefront in San Francisco’s Mission District every month to wire $100 to her family back in Medellin, Colombia. Retired from housecleaning, Nubia, 63, saves the money out of her Social Security pension. She was dismayed last week to find out that the $4 cost of sending the money had increased to $6.
“The extra money is too much,” she said in Spanish through a translator, declining to give her last name. “All these places have become very expensive. I want to find out if I can send from one bank to another” for less money.”
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