A remittance corridor is the route between one sending country and one receiving country for personal money transfers, for example United States to Mexico or United Arab Emirates to Pakistan. It is the remittance-industry use of the wider term payment corridor, which explains how corridors are analysed, licensed and priced.
Corridors are directional and each behaves like its own market, with its own rules, payout methods, competitors and price. Providers such as a remittance service provider usually launch and report corridor by corridor. The World Bank's Remittance Prices Worldwide database compares the cost of sending money in each corridor, including fees and the exchange-rate margin. Large corridors are typically shaped by where migrant workers live and where their families stay, which is why total remittances are concentrated on a limited number of routes.