Monday, 23 November 2009

Training Course - Migrant Worker Remittances - Issues & Opportunities


Join us in Johannesburg, South Africa on 25 & 26 January 2010 for our 2-day course “MIGRANT WORKER REMITTANCES - ISSUES & OPPORTUNITIES.”

Money sent home by migrants constitutes the second largest financial inflow into many developing countries, exceeding even international aid. Remittances contribute to economic growth and to the livelihoods of needy people worldwide. Moreover, remittance transfers can also promote access to financial services for the sender and recipient, thereby increasing financial and social inclusion.

Although African workers send home more than US$40 billion to the region each year, restrictive laws and costly fees hamper the power of remittances to lift people out of poverty, according to a recent report by the UN's rural poverty agency, the International Fund for Agricultural Development (IFAD).

Even if your organization already has a Remittance Program or Product, this course will be of immense value to you and your staff.

Remittances are not as simple as a monetary transfer from A to B. It is the fine details of the remittance processes and the subtle nuances of being a stranger in a foreign land or simply a receiver in a remote location in one’s own country that constitute the major problems for remitters and receivers.

Get to grips with these and other uniquely African problems faced in providing remittance services in this region.

Understand how new technologies - such as the mobile phone - and existing infrastructure - particularly post offices or small retail outlets - could vastly increase the reach of remittance services.

Learn about the unique problems being faced by both Remitters and Receivers – problems that banks and other financial institutions are uniquely placed to help solve.

Remittances represent a huge business opportunity for banks and other organizations to satisfy the needs of this huge and growing market.

Cement your position in the Remittance Market by attending “MIGRANT WORKER REMITTANCES - ISSUES & OPPORTUNITIES” in Johannesburg on 25 & 26 January 2010.

For full details including a Course Brochure e-mail us at courses@citadeladvantage.com Please state REMIT-JHB in the subject line.
 
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