Connecting the Remittance Ecosystem in the Northern Triangle

Remittances can be a significant source of income for families and capital inflow for developing economies. However, sending money to families in home countries can be complex and expensive for migrant populations. How can we improve this process and help spur growth in regions like the Northern Triangle? This white paper examines the barriers and opportunities to boosting digital remittances in El Salvador, Guatemala, and Honduras. The study explores:

• The remittance journey from the sender’s perspective, including their needs, motivations, and behaviors.
• Key players in digital and hybrid remittance services.
• Innovative solutions and models for linking remittance flows to regional economic growth opportunities.