Interoperability of Cross-border Remittance Systems in the EECA Region

Cross-border remittances play a critical role in closing the gap in financial inclusion and reducing poverty.

They are a revenue stream for the financial sector and encourage the development of the economic infrastructure of home countries. Policymakers across the globe have started exploring better mechanisms for scaling up successful policy models and mechanisms for regional coordination on interoperable cross-border payment systems.

The report aims to enable AFI members in the EECA region to deepen their understanding of the challenges that persist in their own countries in order to collaborate systematically on an efficient interoperable cross-border remittance system.