Private Unrequited Transfers

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Private unrequited transfers

Resident immigrant workers' remittances to their country of origin as well as, e.g., gifts, dowries, inheritances, prizes, charitable contributions.

Private Unrequited Transfer

A remittance that an immigrant makes to his family or friends in the home country. For example, if a Jordanian immigrates to the United States, he may choose to make private unrequited transfer to his mother back home to help her financially. In some countries, private unrequited transfers from abroad form a significant part of the economy.

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