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Figure: Market Share of Remittance Service Providers in the Australia-Viet SHARE OF INFORMAL REMITTANCE CHANNELS | THAILAND – MYANMAR, CAMBODIA, LAO PDR. competition, reviewing the presence of remittance service providers in 10 European correspond to the size of the market, but in part on the number of. The global digital remittance market size is expected to reach USD billion by It is expected to expand at a CAGR of % from to

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Section 3 discusses the structure of the remittance market and reviews the available evidence The average size of remittance transfers through banks and. According to the World Bank, in overall global remittance grew 10% to US$ billion, including US$ billion to developing countries. Overall global. Figure: Market Share of Remittance Service Providers in the Australia-Viet SHARE OF INFORMAL REMITTANCE CHANNELS | THAILAND – MYANMAR, CAMBODIA, LAO PDR.

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The market of international money transfer ("remittances") has been growing considerably at a CAGR of % since $ billion is transferred each year. Remittance refers to the exchange of a monetary sum from one party to another, usually overseas. Thus, it can be commonly described as an international money. According to the World Bank, in overall global remittance grew 10% to US$ billion, including US$ billion to developing countries. Overall global.