G20 Plan to Facilitate Remittance Flows

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.