Global money transfer service Azimo is offering free remittances to migrant workers after the United Nations called for a “zero-fee” remittances day. The company will offer a fee-free transfer to all customers on June 16, the UN’s International Day of Family Remittances.
“It is difficult to imagine British society[1] [2] [3] without migrant workers. Nearly 30% of the doctors and 20% of the nurses in the NHS are foreign-born. These people have been risking their lives on the front line of the COVID-19 crisis, often while supporting family members in their home country.
One billion people around the world are involved in family remittances, with 200 million migrant workers sending money home to their 800 million family members. Middle and low-income countries received around $550 billion of remittances in 2019.
Antonio Guterres, Secretary-General of the United Nations, said: “Family remittances have a direct impact on the lives of one billion people – one out of seven individuals on Earth. Added together, remittances are three times greater than Official Development Assistance and surpass Foreign Direct Investment.”
