Table of contents for The U.S.-Guatemala remittance corridor / Hela Cheikhrouhou ... [et al.].

Bibliographic record and links to related information available from the Library of Congress catalog.

Note: Contents data are machine generated based on pre-publication provided by the publisher. Contents may have variations from the printed book or be incomplete or contain other coding.


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Contents
Acknowledgments	
Abbreviations and Acronyms	
Executive Summary	IX
Introduction	1
Context	1
Organization of the Study	3
1. At the First Mile	5
Snapshot	5
Profile of Remittance Senders	6
Features of the Remittance Industry	8
Impact of the Regulatory Framework at the First Mile	12
Key Findings and Avenues for Further Action	17
2. At the Intermediary Stage	19
Generic Remittance Intermediation Model	19
Current Status of Remittance Intermediation Infrastructure in the U.S.-Guatemala 
Corridor	22
Key Findings and Avenues for Further Action	31
3. At the Last Mile	34
Characteristics of Recipients and the Impact of Remittances	35
Remittance Distribution Industry and Potential for Increased Access to Financial 
Services	40
Last Mile Regulatory and Institutional Framework	48
Key Findings and Avenues for Further Action	51
Appendixes
A. Relative Importance of Remittances at Macroeconomic Level in Guatemala vs. 
Selected Latin American Countries	ERROR! BOOKMARK NOT DEFINED.
B. Addenda on Relevant Legal and Regulatory Framework	57
Bibliography	ERROR! BOOKMARK NOT DEFINED.
Map of Remittance Flows in the U.S.-Guatemala Corridor		endpiece
List of Tables
1: Largest Intermediaries Partnerships in the U.S.-Guatemala Remittance Corridor (2005)
	11
2: Data Issues¿Electronic Transfer Major Intermediaries and Their Estimated Market 
Shares in 2004	12
3: Comparing Money Orders to Electronic Fund Transfers	21
4: Main Differences between Swift Batch Processing and MTO Proprietary Systems	25
5: Destination of U.S. Remittances by Department, 2005	33
6: Marginal Budget Shares on Expenditure for Non-Remittance and Remittance-
Receiving Households	36
7: Remittance Distribution Market Players in Guatemala: Strengths, Weaknesses, 
Opportunities, and Threats	39
8: Top 5 Banks Physical Coverage and Remittances FX Market Shares, 2004	40
9: Cooperativas from FENACOAC Service Points and Migration Levels in Guatemala by 
Region	44
10: Relative Importance of Workers Remittances to the Guatemalan Economy, 2000¿
2003	51
11: Per capita GDP, Income Distribution, and Per capita Remittances, 2003	51
12: Money Service Businesses (MSBs) in the United State: Any Business that Falls 
under One of These Activities is Considered an MSB and Must be Registered.	57
List of Figures
1: Remittance Volume and Percent of GDP, 2000¿2005	3
2: Means of Remittance Transfer for the Corridor	10
3: Costs of Sending to Selected Latin American Countries, 2001¿2004	22
4: Remittances Transfer Fee by Intermediary (May 2005)	23
5: Estimated foreign Exchange Cost for Selected Latin American Countries (June 2004)
	24
6: Wells Fargo Remittance Products	27
7: Guatemala Estimated Remittances Received Per Household Income Decile	34
8: Remittance Uses in Guatemala	36
9: Financial Intermediation in Guatemala vs. Other Central American Countries	37
10: Remittance Recipients Head of Household with Bank Accounts	38
11: Worker Remittances to Guatemala and Latin American Countries, 1990¿2003	53
12: Worker Remittances (Receipts) to Guatemala and Selected Latin American Countries 
(excluding Mexico), 1990¿2003	53
13: Worker Remittances (Receipts) as a Share of Exports of Goods and Services, 
Guatemala and Selected Latin American Countries, 1990¿2003	54
List of Boxes
1: Money Service Businesses	9
2: Compliance Costs for California Banks	14
3: ID Requirements under the Patriot Act	16
4: The Structure of a Remittance Operation	20
5: Remittance Payments Processing through the U.S. Federal Reserve Automated 
Clearing House: The Example of Mexico	26
6: The CPSS/World Bank Task Force for General Principles on International Remittance 
Systems	29
7: International Examples of Cross-Selling Financial Products to Recipients	42
8: FENACOAC	43
9: Genesis Empresarial	45
10: Alternative Remittance Systems Typologies	48

Library of Congress Subject Headings for this publication:

Emigrant remittances -- Guatemala.
Emigrant remittances -- United States.