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A Policymaker’s Guide to Enabling Low-Value Remittances in Cross-border Payment Systems

A handbook providing tools and strategies for integrating remittances into cross-border payment reforms, focusing on sustainability and scalability to enhance financial inclusion for migrants and their families

Cross-border remittances play a critical role in the global economy, but they are often expensive, slow, and difficult to access. The Policymakers’ Handbook on Enabling Migrant Remittances in Cross-Border Payment Models, published by UNCDF, outlines approaches for improving payment systems to better serve migrant workers and their families.

The handbook covers:

  • Inclusive Payment Models – Design considerations for interoperable, low-cost systems.
  • Sustainability & Business Case – Strategies for ensuring long-term viability and private-sector participation.
  • Case Studies – Examples of cross-border payment models in different regions.
  • Practical Tools – Checklists and frameworks to support policy development.

The document provides guidance for governments, central banks, and regulators seeking to improve cross-border remittances through policy and infrastructure development.

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