Remittance services are financial services that allow individuals to send money to family or friends in another country. These services are commonly used by migrant workers who want to support their loved ones back home. Remittances can be sent through various methods, including banks, online platforms, and money transfer companies like Western Union or PayPal. The process typically involves the sender providing funds to the service provider, who then transfers the money to the recipient. The recipient can receive the funds in cash, directly into a bank account, or through mobile wallets. Remittance services play a crucial role in the global economy, helping to support communities and families worldwide.