By 2030, reduce to less than 3 per cent the transaction costs of migrant remittances and eliminate remittance corridors with costs higher than 5 per cent.

CSO data

Status: Costs are reducing

10.c.1 Remittance Prices Worldwide Quarterly report (RPW) showed that the Global Average recorded a decrease from 6.75% in Q3 2020 to 6.51% in Q4 2020.