Development of industry best practices and standards - and promotion of these through a code of conduct, an accreditation scheme and annual Awards for excellence
Representing the remittance consumer’s needs – with the objective of providing users of remittances with easily accessible, flexible, fast, cheap, transparent and reliable services
Monitoring and documenting industry trends and developments – through an online newswire, a member bulletin, research studies and industry events
Representation of the industry with regulators and the media
Fostering greater understanding of the informal money transfer market, which is thought to be equal in value to the recorded payments sector
The achievement of “financial inclusion”, through the provision of fair and ethical remittance services to migrant workers, the poor and the distressed
The promotion of local commerce and infrastructure development in recipient countries through microfinance initiatives
Working closely with international development and aid agencies, guiding and supporting remittances to war-tern and hostile areas
Combating the laundering of money through remittances and the financial system in general
To lobby and raise the profile of the remittance and payments sector globally, reflecting current needs both from the consumer point of view and that of the provider
To support the remittance and payments sector, we will provide up to date data and information worldwide enabling the providers to deliver the best possible service
To promote a world class standard of provision in remittance services focussing on speed, transparency of costs and user friendly access both at the sender’s end and at delivery
