1. Home
  2. Platform for Partnerships
  3. Policy and Practice Database
  4. National Remittance Plan (Indonesia)
up
172 liked this page.

National Remittance Plan (Indonesia)

Date Shared: 
Wednesday, October 3, 2018 - 11:58
Countries and areas: 
Indonesia
2030 Agenda migration-relevant and related target Labels: 
Goal 10: Reduced inequalities - 10.c on remittances costs reduction
GCM Thematic Cluster Areas: 
Objective 20: Promote faster, safer and cheaper transfer of remittances and foster financial inclusion of migrants
Contributors: 
Member States
Chairmanship: 
Germany-Morocco 2017-2018
Geographical Relevance: 
National
Tags: 
Remittances, Migration and Education
Summary: 

Indonesia is working on a new business model for remittance transfers that will focus on cash to account or account to account approaches. This will seek to boost financial services access for women and vulnerable persons.

A pilot on remittances based on non-cash platforms is expected to be followed by banks, telecommunication companies and post offices. This pilot will aim to harmonize relevant regulations with AML/CFT standards. 

Indonesia is working to encourage migrant works to use non-cash transfers through its financial education curriculum delivered through the Migrant Worker Training Center. 

 

Link: 

For more information:

GFMD Source: 

GFMD 2018 - Background Paper RT Session 3.2 "Beyond Remittances: leveraging the development impact and promoting the transnational engagement of diaspora and migrants"