Remittances in many countries, exceed traditional
income streams such as international aid and foreign direct
investment. DMA produces comparative remittance information
for migrants - a key objective within remittances from the
World Bank and the G8 Group of governments.
The underlying principle behind
DMA's work on remittances is to produce information on money
transfer products that is transparent and understandable to
those sending and receiving funds. This is achieved by the
publishing of information for Diaspora groups in which the
costs of sending money from one country to another are listed
in order of how much money is received in the recipient country.
The
remittances market is seeing unparalleled interest from both
the private and public sectors. DMA’s
specialist remittances consulting arm (DMA-C), uses the team’s
15 years in-depth, hands-on experience in remittances to
provide a wide range of services. These include market analysis,
new product development, strategic planning, project design
and programme implementation for the private sector. Programme
development, market data analysis and interpretation, mystery
shopping and advisory services for the public sector.