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As one of the principal municipalities of the Vancouver Metropolitan Area (VMA), Burnaby has beautiful views of the mountains surrounding the city. Its gorgeous landscapes draw tourists from all over Canada and the world. This brief article will explain the nuances of currency exchange while travelling to Burnaby and list a few of the best […]

Saving money comes with discipline. However, we understand that students often need to make ends meet with very few resources. Therefore, if you are getting serious about saving money, we have a useful word for you: budget. The idea of putting together an emergency fund or going off credit may sound daunting, if not entirely […]

As immigrants, we all want to be financially independent and make the most out of our salaries to support our families back home. Nevertheless, it is tough to reach this goal without basic knowledge of how the financial industry works in Canada. Especially when there are so many financial terms and complicated jargon. Keep calm! […]

Whenever you transfer money to Iran using LUMENWIRE, sending money instantly to Iran is a piece of cake. You can send money to Iran in just 2 minutes from the comfort of your home. All you need to create your verified account is one piece of government ID and a secondary piece of ID, access […]

Sending money to Iran from Canada is challenging due to the sanctions imposed by the Canadian government. For the past 10 years, people in Canada and Canadians outside of Canada have not been allowed to transfer funds to Iran.  Canadian banks, financial institutions and independent money transfer services like Western Union will not process money […]

Investment Vs Speculation Before we even start discussing the types of investing it is important to notice how common it is today to cover gambling and investing under one shared blanket. When many are asked to define investing the most common response is putting money away today to earn more tomorrow. Although this is partially […]

Discovering yourself Financially The prospects of high returns and daily stock quotes can be overstimulating at times , and for many this can be confusing. Many have come to believe that investing is difficult because of the copious amounts of websites and information available. Some common myths are that investing is just the same as […]

When sending money abroad to your loved ones, there are two critical factors: Firstly, timeliness. Sending money to Canada or Iran often takes a long time. When paying your tuition or other time-sensitive expenses, it is imperative that the money transfer service is done as fast as possible. At LUMENWIRE we understand the need for […]

Studying abroad in Canada is a dream opportunity that brings along great learning and professional opportunities. Many international students including students from Iran continue to choose Canada as a study abroad destination. While studying in Canada, your parents or guardians will need to send you money for your tuition fees. Sending money transfers from Iran […]

The current economic state has been financially challenging for everyone. Job losses, business closures and financial insecurity have happened so quickly. The federal and provincial governments of Canada have offered emergency financial support for Canadians to cushion the impacts of COVID -19 on the economy. Though government stimulus is essential during an economic slowdown, there […]