HR. 4274In Committee

Remittance Expense Minimization and Integrity for Transfers Act

Establishes requirements to reduce remittance transfer costs and strengthen transaction integrity for money transfers

What this bill does

Establishes requirements to reduce remittance transfer costs and strengthen transaction integrity for money transfers

Key points
  • Establish remittance transfer integrity requirements
  • Require lower remittance transfer costs

Where it stands

Status
In Committee
Latest action
2025-07-02Referred to the Committee on Ways and Means, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Topics and policy areas

undefinedFinance and Financial Sector