Americans, Brits, Swiss are among top UAE remitters

By Eudore R. Chand

ABU DHABI 24 June 2019: Expats’ remittances from the UAE amounted to Dh38.41 billionn during Q1-2019, according to figures released by the Central Bank of the United Arab Emirates.

Dh25bn was transferred through money exchange companies and the rest from the banks operating in the country.

India took home the crown as the top-receiving country for earnings made by migrants, comprising 37.4 percent of total remittances during Q1, said Wam.

Indians are followed by Pakistanis, comprising 10.2 percent, then Filipinos, 7.9 percent in the third place, with Egyptians making up 6 percent, Bangladeshis, 4.6 percent, US nationals, 3.4 percent, UK citizens 3.3 percent, Jordanians 2.4 percent, Chinese, 2.1 percent and then the Swiss, 1.9 percent.