The U.S.-Honduras remittance corridor [electronic resource] : acting on opportunities to increase financial inclusion and foster development of a transnational economy / Isaku Endo ... [et al.].

Washington, D.C. : World Bank, c2010.
World Bank working paper ; no. 177.
World Bank working paper ; no. 177
Government document
1 online resource (98 p.)
Emigrant remittances -- Honduras.
Hondurans -- United States -- Finance.
Finance -- Honduras.
Honduras -- Emigration and immigration -- Economic aspects.
United States -- Emigration and immigration -- Economic aspects.
Electronic books.
The report is part of the Bilateral Remittance Corridor Analysis (BRCA) initiative. The report US-Honduras Remittance Corridor: Acting on Opportunity to Increase Financial Inclusion and Foster Development of a Transnational Economy provides an overview of remittances and migration between the Honduras and the United States. The report analyzes the remittance regulatory and market environment, financial inclusion strategies by financial institutions, transnational economic activities, and the impacts of remittances on the Honduran economy. The chapter 2 provides analysis of remittance market env
Contents; Foreword; Acknowledgments; Executive Summary; Figure 1. Remittances and Capital Flows to Developing Countries; Acronyms and Abbreviations; 1. Overview of Migration and Remittance Trends; Figure 1.1. Evolution of U.S.-Honduras Migration and Remittance Flows, 1950-2007; Box 1.1. The Alternative Remittance and Migration System; Box 1.2. Links between Honduras' Internal and External (International) Migration; Figure 1.2. Regions of Honduras; Box 1.3. Temporary Protected Status; Figure 1.3. Types of Occupations and Honduran Labor Force in the United States
Table 1.1. Routes to Circular Migration Policy Table 1.2. Key Remittance Ratio (2007); Figure 1.4. Top 10 Remittance-Receiving Countries in LAC, 2007 (US billion); Figure 1.5. The Use of Remittances (2006); Figure 1.6. Remittance Inflows to Honduras and Their Growth, 2000-08; Box 1.4. Honduras' National Policy for Emigrants; Box 1.5. General Principles for International Remittance Services; 2. The U.S.-Honduras Market for Remittances; Figure 2.1. Market Share of Remittance-Paying Service Providers in Honduras (2002-07); Table 2.1. Market Share of Largest Banks in the Remittance Market
Box 2.1. The Case of Organización de Desarrollo Empresarial Femenino Table 2.2. Access Points of Remittance Services in Honduras (2007); Table 2.3. Profile of Selected Remittance Service Providers in the Honduran Remittance Market; Table 2.4. Cost of Sending US200 Remittance from the United States to Honduras and Other LAC Countries (percent); Table 2.5. Remittance Cost to Send US200 from the United States to Honduras by Remittance Service Providers
Figure 2.2. Remittance Cost Trend to Send 200 from the United States to Honduras by Remittance Service Provider-Comparison between May 2008 and January 2009 Figure 2.3. Remittance Fees for a Range of Transfers from the United States to Honduras; Box 2.2. Ficohsa Express: Expansion of a Honduran MTO in the United States; Figure 2.4. AML/BSA Framework in the United States; Table 2.6. Status of BSA Regulations for Remittance Service Providers; Figure 2.5. Regulations in the Market for Remittances; Figure 3.1. Remittances and Financial Development in Honduras
3. Strategies for Financial Inclusion of Senders and Recipients Table 3.2. IADB Survey of Remittance Recipients; Table 3.1. Bancarization of Remittance Recipients and Non-Recipients; Figure 3.2. Evolution from Remittances to Financial Inclusion; Box 3.1. From Remittances to Financial Inclusion-Initiatives by Banco Atlantida; Box 3.2. BAC BAMER's Life Cycle Model for Financial Inclusion; Box 3.3. New Ideas on Mobile Banking and Remittances in the Philippines; Table 3.3. Summary of Honduran Financial Strategies to Bancarize Senders and Beneficiaries
Box 3.4. Banco Ficohsa's Approach to Bancarization of Migrants in the United States
"On behalf of the Federal Ministry for Economic Cooperation and Development."
Includes bibliographical references (p. 74-76) and index.
World Bank.
Endo, Isaku.
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