Banks and Remittance Services April 2007 Characteristics of the Remittance Market And How Banks Can Best Approach It James C. Orr Executive Director, The Bretton Woods Committee and Chairman, MicroFinance International Corp Presentation Outline Introduction to Remittances Opportunities
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Characteristics of the Remittance Market
And How Banks Can Best Approach It
James C. Orr
Executive Director, The Bretton Woods Committee and
Chairman, MicroFinance International Corp
north by the MILLIONS
and money moves
south by the BILLIONS..
Private debt and portfolio equity
(MTOs as high risk businesses)
What is the Ideal Business Cycle for Banks?
What is ARIAS?
Europe and the Middle East
delivery or deposit to cell phone, (depending on the
market preferences in each country)
By choosing a system which:
Banks can offer an affordable and competitive money transfer product, earning additional fee income, and gaining access to new customers.
For more information on the ARIAS, contact:
Vice President Business Development
ARIAS Financial Solutions / MFIC
1325 Massachusetts Avenue, NW Suite 250
Washington, DC 20005
Tel: 202 737 5490