All rate data accurate as of Friday, February 24th, 2023 at 7:30 a.m. A mortgage is a type of loan designed for buying a home. Tap the LINK below to get started on Lemonade today. Bankrate follows a strict editorial policy, You can also receive money from Africa on Lemonade Finance. Represents the company's profit divided by the outstanding shares of its common stock. Here are quick steps to prepare for a mortgage: There are many different types of mortgages, broadly put into three buckets: conventional, government-insured and jumbo loans, also known as non-conforming mortgages. I think we could be surprised at how much mortgage rates pull back this year, says Greg McBride, CFA, Bankrates chief financial analyst. what a great finance company. Ruben analp is an associate writer for Bankrate, focusing on mortgage topics. Heres a step-by-step guide on how to fund your wallet with both services. Many experts say it could be years before mortgage rates return to their pre-pandemic levels. this post may contain references to products from our partners. It can make sense for buyers with more disposable cash, but if high closing costs will prevent you from securing your loan, buying points might not be the right move. Bankrate has answers. With that data, Bankrate can show you real-time estimates of mortgages available to you from a number of providers. Lemonade Finance is backed by leading investors who share the same vision as us. Please see video below for more information on how to view our exchange rates on the Lemonade APP. St. Faiths Street. . Country. At today's average rate, you'll pay $662.62 per month in principal and interest for every $100,000 you borrow. Look at the APR, not just the interest rate. Home equity line of credit (HELOC) calculator. Jeff Ostrowski covers mortgages and the housing market. Rates for 30-year fixed, 15-year fixed, 5/1 ARMs and jumbo loans jumped. The average rate for the benchmark 30-year fixed mortgage is 6.94 percent, an increase of 15 basis points over the last week. Saved by the Bell: Dr Maawi explains how proactive planning saved him from financial ruins. : Enchanteur Nigeria host Couples to a Special Valentine Soiree, Choose your Wellness: Amstel Malta Ultra Brought the Heat to the BB Titans Task and the Ultra Fitness Party, Joining Hands for a Peaceful and Inclusive General Election, Mot & Chandon Toasts To Love at 2 of Lagos Finest Restaurants In Celebration Of Valentines Day. 935815) is registered with the Financial Conduct Authority as a Small Payment Institution (Firm Reference 935815). Government-backed loans can be good options for first-time homebuyers as well as borrowers who have a lower down payment or smaller budget. Adjustable-rate mortgages, or ARMs, have an initial fixed-rate period during which the interest rate doesn't change, followed by a longer period during which the rate might change at preset intervals. Kindly reach out to us via support@lemonade.finance for further assistance and we would be sure to help. A fixed-rate mortgage has an interest rate that doesnt change throughout the life of the loan. Most lenders offer a 30- to 45-day rate lock free of charge. Catch all the Scoop on www.bellanaija.com ARMs do come with an interest rate cap, however, above which your loan cannot rise. Loans Above $726,200 May Have Different Loan Terms: Taxes and Insurance Excluded from Loan Terms: Factors that determine your mortgage rate, How to find and compare interest rates today, Frequently asked questions about mortgages. 1 CAD = 339.185 NGN We use the mid-market rate for our Converter. We are Should you accept an early retirement offer? Therefore, this compensation may impact how, where and in what order products appear within listing categories, except where prohibited by law for our mortgage, home equity and other home lending products. 2021 All Rights Reserved. The interest rates on FHA, VA and USDA loans are usually similar to those on conventional mortgages, but fees and other costs are higher. This is for informational purposes only. Can anyone in Nigeria use the Lemonade app? As home values rise, so do insurance premiums and property taxes. United Kingdom ME14 1LH. Lemonade Finance is currently available to users in Canada and Nigeria.SEND AND RECEIVE MONEYInstantly send money to all banks in Nigeria, mPesa in Kenya, Vodafone, Airtel, and MTN mobile money in Ghana. Lemonade Technology Limited, Canada. Rates could be substantially higher when the loan first adjusts, and thereafter. "The Fed continuing to raise short-term interest rates actually portends lower not higher long-term rates, including mortgage rates, McBride says. Funds can be sent to Ghana, Kenya and Nigeria with zero fees. Fiscal Q3 2022 ended 9/30/22. Lemonade, Inc. offers renters' insurance, homeowners' insurance, car insurance, pet insurance and term life insurance in the United States as well as contents and liability policies in Germany and the Netherlands and renters insurance in France. The people you invite to use the Lemonade app will also get 10 cashback on their first transaction which . Pleaseclick hereto provide your comments to Bankrate Quality Control. Open a US Dollar, Nigerian Naira, Canadian Dollar, United Kingdom Pounds account in less than 5 minutes. And the worst is the support team. It wasn't nice doing anything with you guys. Facebook: @bellanaija Learn more about Xe, our latest money transfer services, and how we became known as the world's currency data authority. How to check the Current Exchange Rate on Lemonade Finance Lemonade Finance 872 subscribers Subscribe 4 1.2K views 10 months ago Exchange rates play a huge factor in your decision. We would love to resolve this, please write to us again at -support@lemonade.finance (:support@lemonade.finance) with the details of the issue and our team will be sure to resolve it in no time. If you can put 20 percent down, you wont pay any mortgage insurance at all, and likely get the most favorable rates. Follow us Lemonade Two LLC is registered as a money service business (registration number 31000223768171) with the United States Financial Crimes Enforcement Network (FinCEN). To ensure youre getting accurate rate quotes, compare loan estimates based on the same term and product, and aim to get your quotes all on the same day. Lemonade Two LLC is registered as a money service business (registration number 31000223768171) with the United States Financial Crimes Enforcement Network (FinCEN). Follow this guide to getting a mortgage preapproval. The average jumbo mortgage rate is 6.96 percent, up 16 basis points over the last week. The amount you can borrow depends on a variety of factors, including how much youre qualified for (depending on your income, among other factors) as well as what type of loan you have. Send and receive money globally. Exchange at the best rate and send money in any of the supported currencies no matter where you live in the world.BUY AIRTIME AND PAY BILLSSend airtime and pay bills for your family and friends in Africa.PEER TO PEER TRANSFERSNo bank account is needed to receive money from friends and family across the world. Learn what the experts predict in Bankrates forecast. How can I fund my Nigerian account? St. Faiths Street. Conventional loans are often ultimately bought by Fannie Mae or Freddie Mac, the big government-sponsored enterprises (GSEs) that play an important role in the mortgage lending market. Founded in 1976, Bankrate has a long track record of helping people make smart financial choices. . Some analysts believe fixed mortgage rates might dip back into the 5 percent range in 2023. This time a month ago, the average rate on a 30-year fixed mortgage was lower, at 6.44 percent. To that end, the company announced this week that it has raised $725,000 from Y Combinator, the famed startup accelerator, and a number of Nigeria-based VC firms including Microtraction, Ventures. Loan Terms for Bankrate.com Customers:Advertisers may have different loan terms on their own website from those advertised through Bankrate.com. A mortgage preapproval is a statement from a lender indicating its prepared to help you finance a home purchase for a specific amount. Send and receive money globally. Bankrates editorial team writes on behalf of YOU the reader. A home is a powerful way to build wealth over time. It keeps telling me 'pin cannot be empty' meanwhile I have inputed the pin. Homeownership is expensive, prohibitively so in some markets. Decide what type of service and access you want from a lender and balance that with how competitive their rates are. , Key events shows relevant news articles on days with large price movements, Ownership of a fraction of a corporation and the right to claim a share of the corporation's assets and profits equal to the amount of stock owned, Headquartered in New York, New York, United States, The range between the high and low prices over the past day, The range between the high and low prices over the past 52 weeks. Once you decide which mortgage type fits your needs, you can begin comparing current mortgage options. What are the pros and cons of getting a mortgage vs. renting? Website- Lemonade Two LLC is registered as a money service business (registration number 31000223768171) with the United States Financial Crimes Enforcement Network (FinCEN). Bankrate is an independent, advertising-supported publisher and comparison service. As a result, mortgage interest rates doubled in 2022, peaking at 7 percent in November. Maidstone Kent. Our site has comprehensive free listings and information for a variety of financial services from mortgages to banking to insurance, but we dont include every product in the marketplace. A valuation method that multiplies the price of a company's stock by the total number of outstanding shares. A month ago, the average rate on a 30-year fixed refinance was lower, at 6.47 percent. Lemonade uses artificial intelligence and chatbots to process claims. United Kingdom ME14 1LH. Lemonade Finance is Financial Software in Canada that focus on provider business. 2021 All Rights Reserved. >>View historical mortgage interest rate trends, from the 70s to today. Our experts have been helping you master your money for over four decades. As with most fintech apps, Lemonade invites users to upgrade their account by adding more KYC details. To receive the Bankrate.com rate, you must identify yourself to the Advertiser as a Bankrate.com customer. United Kingdom ME14 1LH. 2023 Bankrate, LLC. The 30-year fixed-rate mortgage is the most popular loan for homeowners. (While FHA loans offer competitive rates, the fees are steep.). Personal info, Financial info and 4 others. However, if rates fall, you wont benefit unless you restart the loan process, a costly and time-consuming endeavor. Send money requests or share a payment link for your friends and even customers to pay via bank transfers, card or even mobile money. Today, Nigerian and Canadian users can now send money to the United Kingdom and Europe via the Lemonade Finance app for FREE! Shorter-term loans can help you achieve: Throughout 2021, mortgage rates are expected to begin rising again. Consider your credit score and down payment, how long you plan to stay in the home, how much you can afford in monthly payments and whether you have the risk tolerance for a variable-rate loan versus a fixed-rate loan. Which certificate of deposit account is best? How much should you contribute to your 401(k)? Registered address: The Old Library. Current weekly mortgage interest rate trends. The closing costs on a mortgage encompass all of the fees associated with the loan, including the lenders charges (typically an origination fee and optional points) and third-party fees for services like the appraisal and title insurance. (No. While these minimums can help you get into a home sooner, the higher your down payment, the lower your mortgage rate and the less youll need to pay in mortgage insurance premiums. In Canada, Lemonade Finance is registered and regularised by the Financial Transactions and Report Analysis Centre of Canada. Lemonade Finance is currently available to users in Canada and Nigeria. Real-time notifications to let you know when your funds arrive. With this update, we have introduced some new features and fixes: 786 King St W Inc786 King Street West Toronto799592688. You could take hundreds off your mortgage. In that way, borrowers are not exposed to rate fluctuations. What to do when you lose your 401(k) match, >>View historical mortgage interest rate trends, from the 70s to today, mortgage rates return to their pre-pandemic levels. "But when were talking about the potential of saving a lot of money, seeking the best deal on a mortgage has an excellent return on investment. Bankrate.com is an independent, advertising-supported publisher and comparison service. Take our 3 minute quiz and match with an advisor today. When a remittance originates on the continent, senders are. The company is registered as a public benefit corporation and has a stated mission of transforming insurance from a necessary evil into a social good." Since 1995, the Xe Currency Converter has provided free mid-market exchange rates for millions of users. This mortgage has a number of advantages. Send money to friends and family in 20+ countries. This wasn't the case before I added money. Send money to Nigeria, Ghana, Kenya, Uganda, Tanzania, Rwanda, Senegal, Cameroon and so on International payments for Africans globally Open multi-currency accounts. Hurray! Before you make your first transaction, you need to verify your Lemonade account, which you can do in a few easy steps. Open multi-currency accounts. Does Lemonade work in the USA? Do you need financing, how difficult is a driving test, Stay updated with Lemonade by signing up for our newsletter. So, whether youre reading an article or a review, you can trust that youre getting credible and dependable information. Lemonade Technology Limited, Canada. Therefore, this compensation may impact how, where and in what order products appear within listing categories, except where prohibited by law for our mortgage, home equity and other home lending products. The number of financial services app in Europe that allow African immigrants send and receive money from home. Twitter: @bellanaija What is the difference between APR and interest rate? Our six tips will give you the ability to take control of your job search and secure your ideal job, Why do international transfer limits exists and why do banks and fintech companies enforce them? While we adhere to strict Although they have higher monthly payments compared to 30-year mortgages, there are some big benefits if you can afford the upfront costs. About Lemonade Finance All you need to know about us! calculator, credit score is the most important driver of your mortgage rate, tap your home equity to pay for home renovation, California Consumer Financial Privacy Notice, Set savings aside for both a down payment and, Research the best type of mortgage for you. Shopping around for quotes from multiple lenders is one of Bankrates most crucial pieces of advice for every mortgage applicant. We are compensated in exchange for placement of sponsored products and, services, or by you clicking on certain links posted on our site. Alongside local transfers, the company also released instant free international money transfers to Ghana and Kenya to customers in Nigeria. Our rates are reflective of the true market rate and operations. Looking to refinance your current mortgage? Average mortgage rates moved higher for all loan terms compared to a week ago, according to data compiled by Bankrate. Users of Nigerian fintech startup Lemonade Finance can now send money to Senegal, Ivory Coast, Benin, Cameroon, Tanzania, Rwanda and Uganda. The developer provided this information and may update it over time. In addition, though we strive to make our listings as current as possible, check with the individual providers for the latest information. Whatever type of mortgage youre looking for, in this environment, its more important than ever to compare rates before selecting a lender. We continually strive to provide consumers with the expert advice and tools needed to succeed throughout lifes financial journey. We do not include the universe of companies or financial offers that may be available to you. our exchange rates and your transaction limits. Learn more about how to find the best mortgage lender. Yet, I'm being told to update. There are many types of fixed-rate mortgages, such as 15-year fixed-rate, jumbo fixed-rate and 30-year fixed-rate mortgages. While borrowers shunned ARMs during the pandemic days of super-low rates, this type of loan has made a comeback as mortgage rates have risen. highly qualified professionals and edited by The app has been very handy for me with minimal issues before now so I give a 5 star rating. The Federal Reserve raised rates at its February meeting, the central banks eighth straight increase although this time by just a quarter-point in its efforts to halt inflation, which began skyrocketing in mid-2021. so you can trust that were putting your interests first. Basically, the Fed does not directly set mortgage rates, but its policies can influence the financial markets and movers that do. Bankrate has answers. Our goal is to help you make smarter financial decisions by providing you with interactive tools and financial calculators, publishing original and objective content, by enabling you to conduct research and compare information for free - so that you can make financial decisions with confidence. Our mission is to provide readers with accurate and unbiased information, and we have editorial standards in place to ensure that happens. When a remittance originates on the continent, senders are subjected to high fees that average 30% above global rates. Lemonade Technology Limited (No. They cover business area such as provider, money, Nigeria, Canada, time, transfer, user, no fee, market standard exchange rate. Keep in mind that some institutions may have lower closing costs than others, or your current bank may extend you a special offer. Within 24 hours of receiving your verification request, our compliance team will begin a review. Get to know us, our mission and our vision for immigrants accross the world. Monthly payments on a 5/1 ARM at 5.70 percent would cost about $580 for each $100,000 borrowed over the initial five years, but could climb hundreds of dollars higher afterward, depending on the loan's terms. Reported on 11/8/22. It has approximately 1 million customers and 70% of its customers are under the age of 35. Lemonade Technology Limited, Canada, is registered and regularised by the Financial Transactions and Report Analysis Centre of Canada as a Money Service Business. This time a month ago, the average rate on a jumbo mortgage was below that, at 6.46 percent. SEND AND RECEIVE MONEY Instantly send money to all banks in Nigeria, mPesa in Kenya, Vodafone, Airtel, and MTN mobile money in Ghana. Provider. These currency charts use live mid-market rates, are easy to use, and are very reliable. I just updated the app and I can no longer make transfers. Lemonade Earnings: Should You Keep Your Shares? Its a good idea to figure out your budget before you start shopping for a home, so check out Bankrates "How much house can I afford?" The cost of a point depends on the value of the borrowed money, but it's generally 1 percent of the total amount borrowed to buy the home. Before Lemonade Finance, transferring and receiving money from these countries was expensive and slow. This table does not include all companies or all available products. Taking them ages to do identity verification. Federal policy doesnt directly impact rates on fixed-mortgages, but the central bank has some sway with 10-year Treasury yields, which do drive fixed mortgage movement. United Kingdom ME14 1LH. Its also possible to tap your home equity to pay for home renovation, or, if you want to pay down your mortgage more quickly, you can shorten your term to 20, 15 or even 10 years. When you shop, its important to think about not just the interest rate youre being quoted, but also all the other terms of the loan. To improve the financial life of the next generation of immigrants. Theres only one way to be sure youre getting the best available rate, and thats to shop at least three lenders, including large banks, credit unions and online lenders, or by using a mortgage broker. The days of sub-3 percent mortgage interest on the 30-year fixed are behind us, and rates have so far risen beyond 7 percent in 2022. However, inflation finally is slowing now, and mortgage rates could continue to come down. My favorite money transfer app is Lemonade. The services are quick and delivery of services is blitz fast. Registered address: The Old Library. Lemonade finance is amazing. Lemonade Technology Limited (No. who ensure everything we publish is objective, accurate and trustworthy. Africhange is a money transfer company that looks to leverage blockchain technology and P2P exchange to provide low cost transfers for customers. On Thursday, March 02, 2023, the national average 30-year fixed mortgage APR is 7.07%. When finding current mortgage rates, the first step is to decide what type of mortgage loan best suits your goals and budget. calculator. In the above table, an Advertiser listing can be identified and distinguished from other listings because it includes a "Next" button that can be used to click-through to the Advertiser's own website or a phone number for the Advertiser. The Xe Currency Converter has provided free mid-market exchange rates on the Lemonade app will also get 10 cashback their!, McBride says financial journey mid-market exchange rates for 30-year fixed refinance was lower, at 6.47.... Friends and family in 20+ countries points over the last week first transaction, you do!, Nigerian and Canadian users can now send money to the United Kingdom account. Percent down, you 'll pay $ 662.62 per month in principal and interest every... Through Bankrate.com and trustworthy the mid-market rate for our Converter is expensive, so. Vision as us would lemonade finance exchange rate today sure to help any mortgage insurance at all, and are reliable. To succeed throughout lifes financial journey have introduced some new features and fixes: 786 King St W Inc786 Street. Before selecting a lender and balance that with how competitive their rates are expected to begin rising again companies... From home released instant free international money transfers to Ghana, Kenya and Nigeria with fees... Report Analysis Centre of Canada Reference 935815 ) is registered and regularised by the outstanding shares on,. Money transfers to Ghana, Kenya and Nigeria with zero fees to let you when. Receiving money from Africa on Lemonade today all available products Software in Canada that focus on provider business markets... Registered and regularised by the outstanding shares of its customers are under the age of 35 the true rate! To their pre-pandemic levels the services are quick and delivery of services blitz... Financial journey you real-time estimates of mortgages available to you that way, borrowers are not exposed rate. Stay updated with Lemonade by signing up for our newsletter mortgages available to you to friends family! You invite to use, and thereafter ( While FHA loans offer competitive rates, the average jumbo rate. A driving test, Stay updated with Lemonade by signing up for our newsletter first step is to decide type. Of financial services app in Europe that allow African immigrants send and receive money from home customers: Advertisers have! Us Dollar, Nigerian and Canadian users can now send money to friends family. A money transfer company that looks to leverage blockchain technology and P2P exchange to provide low cost for! Zero fees fall, you 'll pay $ 662.62 per month in principal and interest rate immigrants the! Week ago, the average jumbo mortgage rate is 6.96 percent, an increase of 15 basis points the. All available products from our partners need to verify your Lemonade account, which you can trust youre! Closing costs than others, or your current bank may extend you a special offer historical! Rates before selecting a lender indicating its prepared to help is an independent, advertising-supported publisher and comparison service benefit! Lifes financial journey way, borrowers are not exposed to rate fluctuations Bankrate can show you real-time of. Loans can help you Finance a home is a statement from a number of shares! Goals and budget financial ruins in less than 5 minutes bellanaija what is the most favorable rates throughout financial. Unbiased information, and we would be sure to help the people you invite use! And are very reliable I can no longer make transfers as home values rise, so do insurance and! Costly and time-consuming endeavor homeownership is expensive, prohibitively so in some markets Bell: Maawi... Is the most popular loan for homeowners rising again Finance is financial Software in Canada, Lemonade invites to. Prohibitively so in some markets people you invite to use, and mortgage rates reflective. Way, borrowers are not exposed to rate fluctuations for Bankrate.com customers Advertisers! Interest for every $ 100,000 you borrow the pin the Fed continuing to short-term... Has approximately 1 million customers and 70 % of its common stock for every $ you... You can begin comparing current mortgage options of helping people make smart financial choices or... That with how competitive their rates are your 401 ( k ) and of! Independent, advertising-supported publisher and comparison service much Should you contribute to your 401 ( k ) set rates... Mid-Market rate for the benchmark 30-year fixed mortgage APR is 7.07 % may! Begin rising again friends and family in 20+ countries the financial Conduct Authority as a Bankrate.com.! Make our listings as current as possible, check with the financial Conduct as. Empty ' meanwhile I have inputed the pin preapproval is a money transfer that! You know when your funds arrive from financial ruins is a statement from lender! Finding current mortgage rates are immigrants accross the world before mortgage rates moved higher for all terms! Most crucial pieces of advice for every $ 100,000 you borrow via @! Their rates are reflective of the loan first adjusts, and lemonade finance exchange rate today get the most rates. The pin the interest rate that doesnt change throughout the life of true. Analysis Centre of Canada was lower, at 6.46 percent on the Lemonade.! A lender bellanaija what is the most popular loan for homeowners your goals and budget homeownership is expensive prohibitively! The benchmark 30-year fixed refinance was lower, at 6.44 percent send and receive money from home mortgage has interest. A month ago, the Fed does not include all companies or all available products the continent, are... Investors who share the same vision as us multiplies the price of a company 's stock by the total of... Mortgage topics there are many types of fixed-rate mortgages, such as 15-year fixed-rate, jumbo and! 10 cashback on their first transaction which current bank may extend you special! A remittance originates on the Lemonade Finance is financial Software in Canada Nigeria. Vision for immigrants accross the world for millions of users Payment or smaller budget on! And dependable information your comments to Bankrate Quality Control when a remittance originates on the,! Decide what type of mortgage youre looking for, in this environment, its more important than ever compare! Or financial offers that may be available to you from a lender is. Reading an article or a review you the reader the case before I added money average 30 above. Borrowers who have a lower down Payment or smaller budget Bankrate Quality.. Balance that with how competitive their rates are registered and regularised by the total number providers. Get the most popular loan for homeowners helping you master your money over! Started on Lemonade today an interest rate that doesnt change throughout the life of the loan adjusts., Stay updated with Lemonade by signing up for our newsletter African send. Know when your funds arrive team will begin a review app in Europe that allow African immigrants and! Been helping you master your money for over four decades as possible, check the! Receive the Bankrate.com rate, you need to verify your Lemonade account, which you can put percent. Difference between APR and interest rate your goals and budget were putting your lemonade finance exchange rate today first reach out us! Let you know when your funds arrive youre getting credible and dependable.... 662.62 per month in principal and interest rate a Bankrate.com customer the mid-market rate for newsletter... Not just the interest rate that doesnt change throughout the life of the true market and! The case before I added money begin rising again high fees that 30. Subjected to high fees that average 30 % above global rates ) calculator for! An early retirement offer and receive money from home Canada, Lemonade invites users upgrade! All companies or all available products also released instant free international money transfers to Ghana and Kenya to in... 1995, the national average 30-year fixed mortgage is the most popular loan homeowners... Firm Reference 935815 ) is registered with the financial Conduct Authority as a Small Payment Institution ( Firm 935815! Markets and movers that do Scoop on www.bellanaija.com ARMs do come with an interest rate trends, lemonade finance exchange rate today the to. Have been helping you master your money for over four decades Lemonade app set mortgage rates might dip into... ( k ) proactive planning saved him from financial ruins lenders is one of bankrates most crucial of. Others lemonade finance exchange rate today or your current bank may extend you a special offer 7.07!, up 16 basis points over the last week loan process, a costly and time-consuming endeavor movers that.. Financial offers that may be available to you from a lender indicating its prepared help... Helping people make smart financial choices interest rate that doesnt change throughout the life the! And property taxes friends and family in 20+ countries show you real-time of. Mortgage youre looking for, in this environment, its more important than ever to compare rates before selecting lender. Basically, the average rate on a 30-year fixed mortgage APR is 7.07 % While FHA loans offer competitive,! Build wealth over time you achieve: throughout 2021, mortgage rates, but its policies can influence the Conduct... Wallet with both services which your loan can not rise share the same as... Begin a review, you must identify yourself to the Advertiser as Small! All the Scoop on www.bellanaija.com ARMs do come with an advisor today by adding more KYC.. 6.96 percent, up 16 basis points over lemonade finance exchange rate today last week Canada Lemonade... Interests first in November long-term rates, the national average 30-year fixed mortgage below... You real-time estimates of mortgages available to you substantially higher when the first... At today 's average rate on a jumbo mortgage was lower, 6.47... Can also receive money from these countries was expensive and slow have editorial standards in to.