International Transactions in Remittances: Guide for Compilers and Users (RCG)

Manuals & Guides, September 14, 2009

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International Transactions in Remittances: Guide for Compilers and Users (RCG)

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Bibliographic details

• Published: September 14, 2009
• Series: Manuals & Guides
• DOI: https://doi.org/10.5089/9781589068254.069

Overview and Purpose

• Presents concepts, definitions, and classifications related to remittances.
• Consistent with the sixth edition of the Balance of Payments and International Investment Position Manual (BPM6).
• Aims to support compilation of comprehensive and comparable remittances data under globally used standards.
• Primarily aimed at remittances data compilers; also useful for users who wish to understand remittances data.

Key Findings and Content Highlights

• Identifies the main remittances compilation methods currently being used by compilers.
• Discusses in detail the strengths and weaknesses of each compilation method.
• First manual providing compilation guidance specifically for remittances.
• First compilation guide based on concepts set out in BPM6.

Technical Scope and Relevance

• Aligns remittances measurement with BPM6 standards to promote comparability across countries.
• Focuses on operational guidance for compilers to implement BPM6 concepts in remittances statistics.
• Relevant subject areas: Asset and liability management, Economic and financial statistics.