International Finance Corporation
World Bank Group Publishes First Global Online Remittance Price Database
Oct 2 -- The World Bank Group has published the first global database of remittance prices that is expected to benefit low-income migrant workers and households in developing countries.
2 de octubre de 2008
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The database, which provides information on 120 remittance corridors, will make pricing more transparent and put competitive pressure on providers to improve services and reduce prices. The data shows that it is more costly to remit through banks than nonbank money transfer operators. Remittances from Russia, Saudi Arabia, Singapore, Spain, the United
Read the full press release here.
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