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  Topic Overview
   id: 1809
   Visits: 2910
   Added: 25 March 2003
   Updated: 22 September 2005
 
Payment    
        
In traditional banks payment services include cheque cashing and cheque writing privileges for customers who maintain deposits. Payment services also include the transfer and remittance of funds from one area to another. There has been a great increase in people migrating to find work in recent years and it is becoming clear that a significant portion of the subsequent remittance flows go to poor and low income families in rural areas. Thus microfinance institutions, rural based banks and credit unions are all looking at money transfer services as a potential part of their business.

  
 
A Technical Guide to Remittances: The Credit Union Experience  Article2004   Document (en)  
Making the best of Globalisation: Migrant Worker Remittances and Micro-Finance  Report2000   Document (en)  
Worker’s Remittances and Microfinance: the neglected nexus  Article2003   Document (en)  
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