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


Date Shared: 
Thursday, September 29, 2016 - 20:30
Title: 

TawiPay

Countries and areas: 
Switzerland, Bosnia and Herzegovina, Serbia
Partner(s): 
Tawipay (Global Impact Finance SA); National Government of Switzerland (State Secretariat for Economic Affairs)
Thematic Area: 
Remittances, Strategies for minimizing costs/maximizing human development
Tags: 
Remittances, Connectivity and Migration, Costs of Migration
Summary: 

TawiPay (www.tawipay.com) is a pilot money transfer project that started in 2015. Its main goal is to increase transparency in remittance channels. The Swiss State Secretariat for Economic Affairs (SECO) financed the establishment of the two remittance channels, Switzerland–Serbia and Switzerland–Bosnia. The project’s objective is to enable migrants/diaspora communities to reduce the cost of sending money to their home countries. This project will hopefully expand to further outbound remittances corridors from Switzerland, and become financially independent/self-sustaining, and thereby increasingly contribute to financial inclusion.

GFMD Source: 

GFMD 2016 RT 1.2 "Connectivity and Migration"

Link: 

www.tawipay.com


Source (retrieved on 04/21/2026 - 11:00): https://www.gfmd.org/pfp/ppd/2647