asked 10.3k views
3 votes
What are remittances?

asked
User Teh
by
8.5k points

2 Answers

3 votes

Answer:

Money sent back home to the family of the guest worker

Step-by-step explanation:

answered
User ItsCosmo
by
7.9k points
4 votes

Answer:

A remittance is a non-commercial transfer of money by a foreign worker, a member of a diaspora community, or a citizen with familial ties abroad, for household income in their home country or homeland.

answered
User Mixone
by
7.3k points
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