Remittance Archives

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Global digital remittance is the electronic transfer of money between individuals or companies. Most of the funds are sent to families in their home countries. Imagine having people depending on…

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Economy
People

The World’s Top Remittance Recipients

May 24, 2021

During the COVID-19 pandemic, global remittance flows have proven more resilient than expected. This is especially true for inflows to low and middle-income countries. According to new World Bank data, global…

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Society

The World’s Top Remittance Recipients

May 4, 2020

These countries are the world’s biggest remittance recipients, data collected by the World Bank reveals. Remittances are quickly rising as the largest source of external financing in developing countries, according…

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