Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether her Department has held recent discussions with (a) financial institutions, (b) remittance service providers and (c) other relevant stakeholders on taking steps to reform remittances.

The government recognises that improved cross-border payment services, including remittances, would have widespread benefits for citizens and economies worldwide. The government works with UK and international partners, including under the G20 Roadmap for Enhancing Cross-Border Payments, to seek to deliver faster, cheaper, more transparent and more inclusive cross-border payments and remittances.

Treasury Ministers and officials have meetings with a wide variety of organisations in the public and private sectors as part of the process of policy development and delivery. Details of ministerial and permanent secretary meetings with external organisations on departmental business are published on a quarterly basis and are available at:

https://www.gov.uk/government/collections/hmt-ministers-meetings-hospitality-giftsand-overseas-travel