Author: Vishnu Mohan V
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Flywire Payment Letter: What It Is and How Students Generate It?
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If you are planning to study abroad, you will encounter many new terms, including offer letter, CAS letter, I-20, blocked account, and one important but often misunderstood document – the payment letter. A ballpark estimate for the number of payment letters generated worldwide for overseas university fee payments is around 27,000 per day. Most students…
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How Does International Wire Transfer Work: A Complete 2026 Guide
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At moneyHOP, we believe sending money abroad should be simple, transparent, and reliable. That’s why we’ve put together this guide to help you understand how does international wire transfer work so you can make smarter decisions for your global payments. Whether you’re a student paying tuition, a family supporting loved ones, or a business managing…
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What is Dearness Allowance (DA) in Private Companies?
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Dearness Allowance (DA) is an allowance paid by government or private employers to employees. It is paid to neutralize the increasing cost of living brought about by inflation. It is calculated on an employee’s basic pay and is revised twice a year depending on the increase in the inflation rate. ‘Dearness’ in DA refers to…
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7 Accounts Receivable Process Improvement Strategies
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Cashflow is the lifeblood of any business. It is essential to keep the business running, and liquidity is a must to pay operational expenses, such as rent, salary, and inventory. Without ample cash inflow, any brand, be it a startup or a multinational corporation, will eventually grind to a halt, though it’s profitable on paper.…




