Alternative remittance systems

Harnessing the Remittance Boom

SR VI. Alternative remittance

Alternative informal remittance systems

There are different approaches to the problem, particularly between remittance source States and remittance receiving States.

E. Alternative informal remittance systems

There are no alternate remittance systems.

The impact of remittance income on household well being depends on who controls remittance income and how it is spent.

The remittance flow continues to be buoyant.

As half of remittance senders and the majority of remittance recipients, women were playing a central role in managing and distributing such income.

Receipt

Figure 13 Non receipt delay in receipt of benefits

Has this name been circulated to alternative remittance systems?

(c) In order to address the concerns of remittance receiving States, registered alternative remittance systems should be obliged to settle balances through normal banking channels

That receipt.

Your receipt?

I'm sorry, without an I.D. you cannot receive a remittance.

alternative remittance systems are difficult to licence or to supervise.

They should also adopt specific policies to affect volumes of remittances, remittance transfer mechanisms, management of remittance funds, the use of remittances and diaspora contributions to development.

Read Receipt Requested

Acknowledgement of receipt

Date of receipt

Receipt and inspection

Your receipt, ma'am.

Here's the receipt.

Here's your receipt.

Furthermore, remittance levels are double those of official development assistance (ODA).

The remittance system of Hawala does not obtain in this jurisdiction.

(a) Simplifying procedures and facilitating access to formal means of remittance transfers

Have you a receipt?

Non receipt of reports

Give me a receipt.

I want a receipt.

Hurdles in converting informal remittance systems to formal systems through registration or licensing

I'd like a receipt, please.

All right, there's your receipt.

Just like some business receipt

Initiatives were also needed to improve remittance services to migrants and reduce transfer costs.

Non receipt of reports 80 67.

Article 47. Obligation to acknowledge receipt

Date of receipt of the instrument

Date of receipt of the instrument

(iii) Issuing a receipt for goods

2. Receipt of reports by experts

Date of receipt of the instrument