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The price pattern of non-public sector banks, alternatively, varies across countries and modes of transfers.<br><br>The second most popular channel is the SWIFT, followed by direct transfers and cheques and drafts (Chart 2). A measurement-smart evaluation reveals that 70.Three per cent of all reported transactions have been of more than or equal to US$500.<br> <br> The price of receiving US$200 by varied modes (excluding cheques and drafts) varies between zero and 13.Three per cent of the remitted quantity across all banks, with expenses by public sector banks being lower than those of personal and foreign banks.<br><br>And i've observed Johny grow to be an impressive and passionate leader and ambassador for the sector.<br> <br> The survey outcomes recommend that around three-fourth of complete remittances to India are routed by means of private sector banks (Chart 5). 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