The Group of Twenty (G20) recognizes the value of remittance flows in helping to drive strong, sustainable and balanced growth. In September 2014, G20 leaders agreed to a plan to facilitate remittance flows including: working to reduce the global average cost of transferring remittances to five percent; supporting country-led actions to address the cost, and improve the availability of remittance services, particularly for poor people; and using remittance flows to drive financial inclusion and development. 

Learn more about the G20 National Remittance Plans [3].