Sending money to relatives or friends living abroad

Release date: April 17, 2019
Sending money to relatives or friends living abroad
Description: Sending money to relatives or friends living abroad

Sending money to relatives or friends living abroad

Highlights from the 2018 Study on International Money Transfers

$5.2 billion sent abroad in 2017Footnote 1

Destination region and total amount sent in 2017 (in $ million)
Destination region Total amount sent in 2017 (in $ million)
Americas 582
Eastern Europe and Southern Europe 108
Sub-Saharan Africa 501
Northern Africa 147
West Central Asia and the Middle East 190
Eastern Asia 293
Southeast Asia and Oceania 1,419
Southern Asia 1,165
Non ODA-eligible countries 761

Money transfer method used last time in 2017

Money transfer method and associated percentage from 2017
Method Percentage
Money transfer store 56
Hand-carry method 10
Banking in person 9
Money transfer store online 8
Banking online 5
Another type of store 5
Other 3
 Currency exchange store 2
Another service provider online 1
Informal network 1

Top 10 destination countries

Top 10 destination countries for money transfers and total amount sent in 2017 (in millions of $)
Countries Total amount sent in 2017 (in $ millions)
Philippines 1,180
India 794
United States 390
China 292
Pakistan 236
Jamaica 96
Haiti 86
Nigeria 70
Thailand 66
Australia 66
Fee paid last time as a percentage of the amount sent, by amount remitted, amount sent last time in 2017
  $0-200 $200-999 $1,000+
Banking in person 11 6 2
Banking online 7 4 1
Money transfer store 10 4 2
Money transfer store online 8 3 1
Currency exchange store 11 3 1

Source: Statistics Canada, Study on International money transfers, 2018.

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