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.

From the NCLC Digital Library

Consumer Banking and Payments Law

The treatise that keeps readers up to date on changes in payments: payroll, government benefits, college and other prepaid cards, money orders, check payments, lost checks, check deposits, accord and satisfaction, bank fees, banker’s set off and more.

Read Chapter One

Support NCLC

Please support NCLC's work to advance consumer rights and economic justice with a tax-deductible contribution today!

Donate