Global Forum on Migration and Development
Published on the Global Forum on Migration and Development Web Portal (https://www.gfmd.org)


Date Shared: 
Friday, July 11, 2014 - 15:15
Title: 

Joint checking account offered by the Moroccan Banque Populaire for the migrants' families

Countries and areas: 
Morocco
Partner(s): 
Moroccan Banque Populaire
Thematic Area: 
Civil society and the private sector, Remittances, Strategies for minimizing costs/maximizing human development
Tags: 
Public-Private Partnerships, Remittances, Temporary and Circular Labour Migration
Summary: 

Banks can play a stronger role in keeping transfer fees low for migrants through the creation of special services with features that aid migrant’s remittance transfers. An example of such services are the joint checking accounts offered by the Moroccan Banque Populaire. Through their own branches and agreements with banks in European countries, migrants in Europe can make deposits into the account which can then be accessed by family members in Morocco. 

GFMD Source: 

GFMD 2007- RT 1.3 'The role of other-than government partners in strengthening the developmental contribution of temporary labor migration.'

Link: 

https://www.groupebcp.com/fr/Pages/home.aspx

https://www.eib.org/attachments/country/femip_workers_remittances_en.pdf (see p.60)


Source (retrieved on 04/13/2026 - 18:44): https://www.gfmd.org/pfp/ppd/1889