Do you really know what is really going on in the remittance market in your country?
The X-stream platform can provide you invaluable country-specific
insights into this market and much more.
Remittance inflows worldrive almost reach 700 Billion US dollars per year,
with low and middle-income countries accounting for 77 per cent of these inflows.
For most of these countries, it represents an essential economic contribution
that can exceed 20% of their GDP in some case.
Yet, this important resource is left unmonitored and not even properly
measured in most cases. This lack of transparency and oversight makes the
remittance market more vulnerable to a number of risks and issues
related to money laundering, security,
consumer protection,exchange rates, and de-risking by foreign banks.