Promoting Low-cost Formal Remittance Channels and Financial Literacy

Event: 7th ADB-ADBI-OECD-ILO Roundtable on Labor Migration: Increasing the Positive Impact of Migration Through Finance and Technology

Promoting Low-cost Formal Remittance Channels and Financial Literacy

19 January 2017
Author / Speaker: 
Isaku Endo, World Bank Group - Other materials by the author

Many factors affect remittance cost. These include level of competition, payment system infrastructure, and the regulatory frameworks. Financial literacy helps people choose which remittance option can work for them.

Geographical Focus: 
Global
Type of Content: 
Learning Event

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