Top 5 remittance-receiving countries for 2016

Top 5 remittance countries 2016

The World Bank suggests in their latest Migration and Remittances study for 2016, that remittance flows have declined by 2.4%, to 429 billion US Dollars, after a 1% decline in 2015. This is the first time in recent history that remittances have declined for 2 years in a row. TransferMate solutions can help your company with remitting money to all of these countries, simplifying your international wire transfers processes and saving you valuable resources, time and money. Here are the top five remittance-receiving countries for 2016: India – $62.7 billion Indians…

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