Distance is never a hindrance for the
OFWs in Germany. They may be miles away from home but their hearts know no bounds especially in expressing their love on Valentine’s Day.
Worldremit, a money transfer company, had their way analyzing the remittances sent by OFWs worldwide and to their surprise, OFWs working in Germany are the most generous especially when Valentine's Day comes. They send bigger than the usual remittances. Around average $32.50 more just for the holiday.
Following closely were OFWs in Norway who sent on average $24 more, and in New Zealand, who remitted on average $12.5 more during the week around Valentine’s Day, compared to the amount they normally send on a regular basis.
Comparative government data isn’t available. According to Central Bank statistics, Filipinos in the U.S. send the most remittances home overall, followed by those in Saudi Arabia and United Arab Emirates.
According to World Bank, migrants’ remittances to the Philippines in 2015 reached $28.48 billion, the third highest next to India and China.
Millions of Filipinos live and work abroad, sending home remittances that make up about 10 percent of the country's GDP, keeping the Philippine economy upright. Thus the name "modern heroes" is given to the OFWs worldwide.
London-based WorldRemit digital money transfer service is available to senders in more than 50 countries, but the data released on Monday, February 13 was specific to remittances sent to the Philippines during the Valentine's Day.
Source:Manila Bulletin
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