© UPU 2009 – All rights reserved Serguei Nanba Postal Financial Services Coordinator International Bureau, Universal Postal Union International and domestic.

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© UPU 2009 – All rights reserved 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 Serguei Nanba – Postal Financial Services Coordinator

© UPU 2009 – All rights reserved -BENIN - BURKINA FASO - MALI - MAURITANIA - NIGER - SENEGAL UPU-IFAD project in West Africa

© UPU 2009 – All rights reserved Objectives: Provide access to the UPU international electronic remittance service Ensure the high quality of services Associate with postal account-based services

© UPU 2009 – All rights reserved

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

© UPU 2009 – All rights reserved

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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