remittance
Sign in to saveAlso known as remit, remittances, remits, Emigrant remittance, Immigrant remittance, Emigrant remittances, Immigrant remittances
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~31 min read
Encyclopedic overview
27 sectionsContents
- Global extent
- Top recipient countries
- Major operators
- 2008 financial crisis
- By region
- Asia
- Armenia
- Bangladesh
- India
- Jordan
- Philippines
- Turkey
- Latin America and the Caribbean
- North America
- United States
- Africa
- Nigeria
- Somalia
- France
- History
- 21st century
- Dynamics
- Emergencies
- Potential security concerns
- Economic benefits for developing countries
- See also
- References
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A remittance is a non-commercial transfer of money by a foreign worker, a member of a diaspora community, or a citizen with familial ties abroad, for household income in their home country or homeland.
Excerpted from Wikipedia’s “remittance” article, available under the CC BY-SA 4.0 licence.