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Serguei Nanba – Postal Financial Services Coordinator

Serguei Nanba Postal Financial Services Coordinator International Bureau, Universal Postal Union International and domestic remittances and postal financial services to rural West Africa Annual Meeting 2010 Financing Facility for Remittances Rome, 24 November 2010.

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Serguei Nanba – Postal Financial Services Coordinator

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  1. Serguei NanbaPostal Financial Services CoordinatorInternational Bureau, Universal Postal UnionInternational and domestic remittances and postal financial services to rural West AfricaAnnual Meeting 2010Financing Facility for Remittances Rome, 24 November 2010 Serguei Nanba – Postal Financial Services Coordinator

  2. UPU-IFAD project in West Africa • BENIN • BURKINA FASO • MALI • MAURITANIA • NIGER • SENEGAL

  3. Objectives: • Provide access to the UPU international electronic remittance service • Ensure the high quality of services • Associate with postal account-based services

  4. Tariffs have been reduced by 30 to 50% and are now comprised between 2 and 4% • 61% more money orders in 9 months • New methodology applicable to other regions and projects

  5. UPU – IFAD experience in Western Africa replicable in the Asia-Pacific and Central Asia regions Estimated impact: provide access to remittance and social payment services to more than 800 million citizens in underserved rural areas Potential countries: India, Indonesia, Kazakhstan, Kyrgyzstan, Malaysia, Tajikistan, and Uzbekistan

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