International Association of Money Transfer Networks
We are a non-profit membership organisation, working closely with governments, regulators, regional associations, payments stakeholders and individuals to create the most effective, safe, reliable and efficient cross border payment systems possible.
Remittances remain a key source of external resource flows for developing countries, far exceeding official development assistance and more stable than private debt and portfolio equity flows.
The International Association of Money Transfer Networks is the only global international trade organisation that represents money transfer industry. We are a non-profit association.
Founded in 2005, provides a platform for industry partners to come together to discuss common challenges, industry initiatives, and create opportunities.
IAMTN works closely with governments, regulators and all other important stakeholders such as the FATF, FSB, World Bank, IFAD, DIFD to champion the creation of the most effective, safe, reliable and efficient payment system.
For this purpose IAMTN represents and defends the common interests of it's Members and works on removing the obstacles that prevent institutions from implementing their activities.
Supporting the SDGs
In 2015, the United Nations issued an urgent call to action to eradicate global poverty, reduce economic inequality and push the world towards a more sustainable pathway – the 2030 Agenda for Sustainable Development.
Remittances can contribute to reaching the Sustainable Development Goals (SDGs) in a variety of ways:
At household level. By recognizing the positive socioeconomic impact of remittances on families and communities (SDGs 1-6);
At community level. By supporting policies and specific actions to promote synergies between remittances and financial inclusion, encourage market competition and regulatory reform, and mitigate any negative impact resulting from climate change (SDGs 7, 8, 10, 12 and 13); and
At an international level. By ensuring that the revitalized Global Partnership for Sustainable Development – as outlined in SDG 17 – and the Global Compact on Migration promote collaboration across all sectors involved in remittances.
IAMTN and its members endorse the “International Day of Family Remittances”
16th June 2016 is officially designated as International Day of Family Remittances. The day aims to recognise, and raise global awareness of, the fundamental contribution made by migrant workers to the wellbeing of their families and communities back home, and to the sustainable development of their countries of origin.
At IAMTN, we celebrate the power of remittances with people throughout the world and we call on governments, regulators, financial institutions and development bodies to do everything in their power to help us achieve that aim.
IAMTN's members are committing to providing secure, fast and competitive access to remittances
Join IAMTN now!
For the opportunity to find new international partners and influence global money transfer events get in contact now.
IAMTN offer flexible memberships to suit your needs.Memberships for MSB/API categories: Platinum Membership and Gold Membership. We also have an alternative member category for providers of the Industry: Associate Membership.
Money transfer industry news
Real-time AML Detection in Money Service
Businesses: Benefits at a Time of De-risking
and Increased Regulatory Pressure
Name Screening False Positives and Negatives: Can Machine Learning and Artificial Intelligence Really Help?
Drivers & Impacts of Derisking