Yes.....
In the very same manner, remittances to mexico can be transmitted via e mail. Two brothers with some money can easily and profitably set up shop.
There is an outcry about taxing the remittances but such a system(s) operating on fairly small scale can easily avoid such taxes.
I am almost certain such a system was conducted locally by fax back when. It was from a restaurant. Interestingly, they also allowed playing the lottery in Mexico from Tennessee by fax. The workers came in on payday and bought tickets. The owner sent the fax and got a ticket number by return.
Wow - imagine trying to claim a lotto prize with a fax as your proof!
It is amazing that while our own government invades our privacy with the Patriot Act, they are allowing illegals to open bank accounts with consulate cards - they are issued by a foreign government! Here in NJ we also have to provide all kinds of ID to get a drivers license, and last week they determined illegals may get them as well...