All News and Announcements
IGAD and UNCDF Announce Agreement to Formalize, Enhance Regional Remittance Flows
Technical assistance collaboration will review relevant policies and regulations, promote cross-border coordination to shift remittances into safer, more transparent formal channels.
Google Pay Enables Remittances, With Plans for Global Expansion
The app now allows users based in the United States to send money to GPay users in India and Singapore.
Fight Against India's COVID-19 Second Wave: UAE Firms Waive Charges on Remittances
Money transfer companies in the UAE are trying to contribute in their own way to fight the COVID-19 pandemic situation in India by waiving charges to funds being transferred to India’s PM Cares Fund and Kerala Chief Minister’s Distress Relief Fund
Central Bank of Kenya Releases New Data on the Importance of Remittances
Remittances in March 2021 amounted to $290.8 million, compared to $228.8 million in March 2020, an increase of 27.1 percent.
MoneyGram Advances Mobile Wallet Capabilities with Five-Year Extension to Ooredoo Qatar Partnership
Renewal enables MoneyGram and Ooredoo customers to continue to send money in near real-time to family and friends through Ooredoo Money Wallet.
High Cost, Waiting Time Associated With Remittances Big Concern Among Malaysians, Survey Shows
These findings were from a survey to better understand how the COVID-19 pandemic has affected the remittance habits of those living in Malaysia.
Mexicans in U.S. Sent Record Remittances Despite Covid-19 Pandemic
Unexpected surge in amounts forwarded home shows resilience in U.S. construction and agriculture.
Remittances From Moroccan Diaspora Reached $7 Billion in November 2020
Morocco’s Foreign Exchange Office has announced that remittances from the Moroccan diaspora continue despite the COVID-19 pandemic.
World Bank Flags Pandemic Risks for Bangladesh’s Exports, Remittances
The World Bank has warned that the weaker-than-expected growth elsewhere in the world due to the pandemic may undermine the recovery in Bangladesh and other countries in South Asia.
Central Bank of Myanmar Issues Remittance Licenses to More Local Companies
City Express Myanmar and Money King were granted remittance licenses on 5 January.