PHOTOS about the CONFERENCE are HERE.

Global Consumer Money Transfers (GCMT) Conference

30 October 2006, Mandarin Oriental Hotel, London, UK

  1. Worldwide remittance flows are estimated to have exceeded $300 billion per year (developing countries received $170 billion)
    Including:
    • more than $6 billion of remittances in Russia
    • more than $8 billion of remittances  in CIS
  2. Remittances have doubled over the past five years
  3. Recorded remittances are larger than:
    • 10% of GDP in 20 largest recipients (Tonga, Moldova, Lesotho and Haiti)
    • capital flows in 36 developing countries
    • merchandise exports in 28 countries

The second Global Consumer Money Transfers Conference will take place in London Mandarin Oriental Hotel on the 30th October 2006. 70 largest operators of money transfer business will gather here to discuss:

  • dynamics on the world remittance market   
  • money laundering problem
  • influence of money transfers on developing countries’ economics
  • optimization of remittances in the world
  • interaction experience in money transfer business
  • regulations’ impact on world money transfer businesses
  • new pathways in money transfers
  • perspectives on global development of remittances