The Market for Remittance Services in Southern Africa

The Market for Remittance Services in Southern Africa

Remittances are an important source of income for households in the Southern African Development Community (SADC), as well as a crucial source of foreign exchange for countries in the region. Despite the relatively large inflows of remittances to S...

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Bibliographic Details
Main Author: World Bank Group
Format: Report
Language:English
Published: World Bank, Washington, DC 2018
Subjects:
REMITTANCES
REGULATION
PAYMENT SYSTEM
REGIONAL INTEGRATION
MOBILE BANKING
FINANCIAL INCLUSION
Online Access:http://documents.worldbank.org/curated/en/986021536640899843/The-Market-for-Remittance-Services-in-Southern-Africa
http://hdl.handle.net/10986/30473
id okr-10986-30473
recordtype oai_dc
spelling okr-10986-304732021-06-14T10:06:50Z The Market for Remittance Services in Southern Africa World Bank Group REMITTANCES REGULATION PAYMENT SYSTEM REGIONAL INTEGRATION MOBILE BANKING FINANCIAL INCLUSION Remittances are an important source of income for households in the Southern African Development Community (SADC), as well as a crucial source of foreign exchange for countries in the region. Despite the relatively large inflows of remittances to SADC, the cost of sending money to and within the region is significantly higher than other regions in the world. To address the high cost of remittances globally, the World Bank has been involved in a number of initiatives aimed at improving the efficiency and safety of the market for remittances. At the regional level, the SADC Committee of Central Bank Governors (CCBG) has led several initiatives aimed at enhancing the regional payment system infrastructure, also with a focus on reducing the cost of remittances within the region. 2018-10-01T19:38:01Z 2018-10-01T19:38:01Z 2018-09-10 Report http://documents.worldbank.org/curated/en/986021536640899843/The-Market-for-Remittance-Services-in-Southern-Africa http://hdl.handle.net/10986/30473 English Finance, Competitiveness and Innovation Insight; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work :: Other Financial Sector Study Economic & Sector Work Africa Southern Africa
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic REMITTANCES
REGULATION
PAYMENT SYSTEM
REGIONAL INTEGRATION
MOBILE BANKING
FINANCIAL INCLUSION
spellingShingle REMITTANCES
REGULATION
PAYMENT SYSTEM
REGIONAL INTEGRATION
MOBILE BANKING
FINANCIAL INCLUSION
World Bank Group
The Market for Remittance Services in Southern Africa
geographic_facet Africa
Southern Africa
relation Finance, Competitiveness and Innovation Insight;
description Remittances are an important source of income for households in the Southern African Development Community (SADC), as well as a crucial source of foreign exchange for countries in the region. Despite the relatively large inflows of remittances to SADC, the cost of sending money to and within the region is significantly higher than other regions in the world. To address the high cost of remittances globally, the World Bank has been involved in a number of initiatives aimed at improving the efficiency and safety of the market for remittances. At the regional level, the SADC Committee of Central Bank Governors (CCBG) has led several initiatives aimed at enhancing the regional payment system infrastructure, also with a focus on reducing the cost of remittances within the region.
format Report
author World Bank Group
author_facet World Bank Group
author_sort World Bank Group
title The Market for Remittance Services in Southern Africa
title_short The Market for Remittance Services in Southern Africa
title_full The Market for Remittance Services in Southern Africa
title_fullStr The Market for Remittance Services in Southern Africa
title_full_unstemmed The Market for Remittance Services in Southern Africa
title_sort market for remittance services in southern africa
publisher World Bank, Washington, DC
publishDate 2018
url http://documents.worldbank.org/curated/en/986021536640899843/The-Market-for-Remittance-Services-in-Southern-Africa
http://hdl.handle.net/10986/30473
_version_ 1764472032448217088

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