Which Country Sends The Most Remittances?
Dominated by Western Union, MoneyGram and Ria, the market for cross-border money transfers is absolutely enormous. $583 billion was remitted globally last year. The United States accounted for the highest portion, approximately $131 billion. Saudi Arabia's large migrant workforce saw it send $45 billion in remittances in 2014 while the UAE remitted $29 billion.