If you’ve ever sent money to India and wondered what that “purpose code” field means – you’re not alone. I remember the first time I saw this while transferring money back home. The bank app asked me to select a purpose code, and I had no idea which one to pick. I just wanted to…

When I was working in the US, I used to dread sending money home. Every month, I’d spend 20 minutes comparing apps, calculating exchange rates, and worrying if my parents would get the money on time. Over the years, I’ve tried pretty much every service out there – bank wires, Western Union, Wise, Xoom, and…