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Small Banks, Big Business: Money Transfers as ACH Transactions

Question: 
Our branch is looking to take advantage of the growing Hispanic customer base in our area. We want to push expanded services to new potential customers. Are there any unique value-add services that small banks can offer this demographic?
Answer: 

Believe it or not, the Federal Reserve Bank is gearing up to help US financial institutions facilitate unique offerings right in the branch. They plan on allowing your bank to increase its share of U.S. to international remittance.

First published on 11/07/2005

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