Global Campaign for Remittance Reform

Global Campaign for Remittance Reform

Member organizations of Community Organizations International (formally ACORN International) launched a grassroots campaign to reform the global remittance market today with coordinated actions in cities across India, Peru, Argentina, Mexico, Canada, Dominican Republic, Kenya, Korea, the Philippines and Indonesia.

The targets of the actions; Scotia Bank, HSBC, Western Union, MoneyGram and the Reserve Bank of India are major players in the global remittance market that in 2008 topped $300 Billion.

Community Organizations International is calling these corporations to commit to meetings with our leadership in the coming weeks to discuss proposals to reduce costs and improve the flow of remittances to the developing world.


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