Friday 30 April 2010

Remittances – Do you need information?

One of the biggest problems in the Remittance industry is the availability of accurate information.

The World Bank operates a website that provides data on the cost of sending and receiving Remittances from one country to another. Called remittances, these international transfers are often initiated by migrant workers. The site covers 178 "country corridors" worldwide. The corridors studied flow from 24 major remittance sending countries to 85 receiving countries, representing more than 60% of total remittances to developing countries.

Pay the website a visit. It’s certainly worth it. You can find it at http://remittanceprices.worldbank.org/
 
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