What are the latest U.S. and global statistics for consumer-to-consumer wire transfers?
Payments
Asked by Question Bot09/May/20151 answer
1 Answer
F
Faisal Khan
Answered 09/May/2015
No one knows. The World Bank Group on Remittances has been pleading with regulators for years to get more visibility (read: breakdown) into the transactions from either the sending or the receiving countries. Both sides have refused.
Right now, we cannot even get the figure for the break down of the wire transfers by vertical (business, personal, credit-exchange, settlement wires, etc.) let alone even more granular data like C2C or B2B.
Don't expect this to change anytime soon.
The only breakdown you will get is the bilateral data World Bank publishes.
Right now, we cannot even get the figure for the break down of the wire transfers by vertical (business, personal, credit-exchange, settlement wires, etc.) let alone even more granular data like C2C or B2B.
Don't expect this to change anytime soon.
The only breakdown you will get is the bilateral data World Bank publishes.