Research & Case StudiesReducing fees for international remittances In a communique in July 2009, G8 development ministers called for the commission charged on making remittances to be halved, from the present ten percent to five percent in 5 years. The communiqué indicated that the measure would free up $12 to $15 billion for immigrants’ home countries. White paper written by: Neil Burton, Director of Product, Earthport - July 2009 |