According to RemitSCOPE,India has become the largest remittance receiving country in the world.As per report Indian migrant workers from the country sending home 69 billion US dollars in 2017. India with 69 billion USD, China with 64 billion and the Philippines with 33 billion USD are the three largest remittance-receiving countries in the world in 2017.RemitSCOPE report said, cash to cash transactions remain by far the most common form of transfer.
