International remittances are defined as cross-border, person-to-person payments of relatively low value that are typically recurrent. Remittance flows are highly relevant to economic development and to policy objectives related to financial inclusion. Digitalisation of remittances can further enhance their contribution to financial inclusion.Country leaders, international financial institutions (IFIs) and global standard-setting bodies (SSBs) have...
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2022/05/31
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Report
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172652
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1
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2022/06/17
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Disclosed
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2022/06/17
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Financial Stability Institute Insights on Policy Implementation Number Forty-Three : The Journey So Far - Making Cross-border Remittances Work for Financial Inclusion
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