Remittances

One billion people globally are involved in remittance transfers, with one out of every nine people in the world supported by funds sent home by migrant workers. International remittances are key to helping hundreds of millions out of poverty. In total, remittance flows are three times more than the amount of international aid provided by all governments. Remittance senders are frequently immigrants, including those who now are citizens but maintain close family ties abroad, who are sending money to family members or others in their countries of origin. Many immigrants are more vulnerable to both the inaccuracies and the deliberate malfeasance of those with whom they do business. NCLC has been the leading advocate for remittance senders in the past two decades, striving to protect them against unfair and undisclosed fees imposed by remittance providers.

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