For cross-border workers, the urgent need for funds has always been a tricky issue. Traditional cross-border remittances not only take a long time but also incur high fees, usually ranging from 3% to 5% of the remittance amount. This means that for a remittance of $10,000, the fees alone could be as high as $300 to $500, which is neither economical nor practical.

However, a new financial solution is changing this situation. This innovative approach allows cross-border workers to apply for instant loans based on their future income. As long as they can prove their future income sources, such as labor contracts or past salary records, workers can quickly obtain funds equivalent to 70% to 90% of their expected income.

The advantages of this solution are obvious. First, it greatly shortens the time for funds to arrive, with the possibility of receiving funds on the same day as the application. Second, compared to traditional remittance methods, this approach has a lower overall cost. For example, a Chinese employee working in Japan received $8,000 in advance through this method, with a total cost of just over $100, saving more than $300 compared to traditional remittance methods, while also reducing the waiting time by 3 days.

This innovative method of cross-border fund movement not only addresses the urgent needs of multinational workers but also significantly reduces the costs of cross-border fund transfers. It provides overseas workers facing family emergencies or unexpected expenses with a flexible, fast, and relatively economical option.

As globalization deepens, the number of cross-border workers continues to rise, and this instant lending service based on future income is likely to gain wider recognition and usage among overseas working groups. It not only meets urgent funding needs but also provides a more efficient and low-cost channel for cross-border capital flows, injecting new vitality into the liquidity of the global labor market.