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Flagship Reports

Case for Collection and Analysis of Transaction-level Remittance Data

This paper aims to provide central banks and financial regulators of countries that are net recipients of international remittances with a greater awareness of the value that transaction-level, supply-side data…

Exploratory Papers

Open Regulated Global Payments Inter-Network

This exploratory paper explores options for the future of international remittances: an open, regulated, global payments inter-network specifically designed for low-value international remittances that address the needs of migrants around…

Country and Regional Diagnostics

Ethiopia Payment and Financial market infrastructure Diagnostic

This report was prepared to address the National Bank of Ethiopia's (NBE) ongoing efforts to modernize its payments and financial markets infrastructures in line with the aforementioned objectives. The report…

Flagship Reports

A Model for the Systematic Capture, Management, and Analysis of Remittance Data by Central Banks

The way central banks think about remittances data is changing. As the world becomes more digital, there is an ever-growing need for detailed insights and automated and datadriven platforms from…

Articles and Case Studies

Integrating Remittance and Mobile Wallet Services: A Case Study of IME Pay in Nepal

IME Pay is Nepal’s top remittance company, and in 2017, with technical assistance from UNCDF, it developed a digital mobile wallet for domestic users to send and receive money. It…

Articles and Case Studies

New Directive Key to Formalise Remittances, Keep them Flowing

An amended National Bank of Ethiopia (NBE) directive increases permissible forex holdings by 15pc and eases restrictions on use. It is the right step to encourage inbound forex flows through…

Articles and Case Studies

Can Focused Policy Reforms Help Bring Back Remittances?

How the Ethiopian government is tackling the challenge of declining remittances and economic contraction

Articles and Case Studies

Making It Easier for Migrants to Send and Save

The National Bank of Ethiopia’s (NBE’s) new “Establishment and Operation of Foreign Currency Saving Account for Residents of Ethiopia, Non-Resident Ethiopians and Non-Residents of Ethiopian Origin, Directives No. EX1V 68…

Articles and Case Studies

Formalizing Remittances for Forcibly Displaced People: Findings from the Democratic Republic of the Congo

The Democratic Republic of the Congo (DRC) is home to 10 percent of the world’s entire population of internally displaced people – the largest such situation in Africa, with an…