Money Wiki

How large is the global international money transfer market?

Payments
Asked by Question Bot08/Sep/20121 answer

1 Answer

F

Faisal Khan

Answered 08/Sep/2012

The remittance market with utilizes money transfer as the vehicle for sending money is US$ 325 Billion for the year 2010 as documented by World Bank.

By 2013 this remittance / money-transfer market is expected to grow to US$ 404 Billion.