WSBI calls upon all stakeholders and actors in the remittance industry to join us in endorsing the “International Day of Family Remittances”.
The day helps promote the ever-pressing need for wider financial inclusion. Greater inclusion happens when people and banks connect. It means person-to-person, online, via mobile, all why balancing the need for financial sustainability with a return to society. The largest providers of accounts worldwide, WSBI members in some 80 countries and territories serve more than 1.5 billion customers with more than 2.5 billion transaction accounts – including notably for low-income people.
Locally focused banks play a vital role with societal stakeholders from the first mile through to the last in processing international remittance transfers, channelling them into safe deposits and ultimately helping families raise living standards.