Does the SFG need to clamp down on these companies for their extortionate rates and fees?Adali wrote: Mon Nov 06, 2017 10:50 amActually I do not send money home regularly, its usually the other way around as I have business in Somalia you idiotic tard. I have more money I want to reinvest in Somalia and do not mind getting it there by paying a fee as a matter of fact, I am a customer of the same company you are defended with every iota of your being. Business is business, clan stuff aside the SFG definitely need to clamp down on money transfer companies, not only are they are security risk if they continue to go unregulated, but they are also a massive burden on the poor people living in the country side, with technology they will soon be outdated anyway, but the government needs to regulate the shit out of them, at least then the fee they charge will be deserved.Zoomalia4Kucks wrote: Sun Nov 05, 2017 11:21 pm This retarded fucker asking why dahabshiil or any money remittance charges small commission to send money as if they don't have rent and taxes to pay in multiple countries just to provide the crucial service so many Somali's back home still depend on. Boon Marehan just shut up you're being irrational
Also I don't know why you're complaining about the commission they charge to send money , the people back home who need the money don't get charged it's the person that sends it that gets charged the commission. Your broke ass can't afford to spend extra $4-8 on top of every transaction that sounds like a personal problem broke boi
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And then you said
do not mind getting it there by paying a fee as a matter of fact
So you over exaggerate the small fees money remittance companies charge so they can continue to offer customers this business , and then you say you have no problem with it? Fuck off
Also like I already pointed out dahabshiil is internationally regulated you monkey
Also technology will not hurt money remittance. World Remit is all done online. Dahabshiil has EDahab , and Zaad has been a money transfer service for a while now. Even Bill Gates spoke about Zaad and how Somaliland is ahead of the curve when it comes to money transfer and technology. Barely anybody in Somaliland carries paper money it's all done technically and has been for a while. Keep dreaming about money remittance being killed by Technology.