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.

Stakeholder typology: Public sector