Written question asked by Preet Kaur Gill (Labour) on Wednesday, 22 January 2025, in the House of Commons. It was due for an answer on Friday, 24 January 2025. It was answered by Anneliese Dodds (Labour) on Thursday, 30 January 2025 on behalf of the Foreign, Commonwealth and Development Office.

Remittances: Fees and Charges

Question: To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, if he will take steps to reduce transfer fees on family remittances.

Answer: The Foreign, Commonwealth and Development Office (FCDO) co-convene, with Save the Children, a UK-based Remittances Working Group which works with key partners including remittance service providers, diaspora communities, NGOs, and other UK government departments to seek solutions that can drive down costs associated with sending and receiving remittances. The FCDO also supports a remittances project trialling new ways to reduce remittance transfer fees for individuals, working with East African diaspora members in the UK who are sending money back to Kenya.

Secondary information