China - Remittances

Average transaction cost of remittances (%)

Definition: Average transaction cost of remittances is the average of the total transaction cost in percentage for sending the local currency equivalent of US$ 200 charged by each single remittance service provider.

Source: World Bank, Remittance Prices Worldwide, available at http://remittanceprices.worldbank.org

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Year	Value
2011	12.31
2012	12.32
2013	11.68
2014	11.41
2015	10.37

Classification

Topic: Financial Sector Indicators

Sub-Topic: Access