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Emigrants' Money Continue Pouring into the Country via Lithuania Post

Money transfers sent even from 128 countries reached Lithuania Post during the first half of this year. More than EUR 1M came to Lithuania from each of these countries: the United Kingdom, Ireland, Germany, and the United States. Most money from Lithuania was sent to Russia and Ukraine.

According to data from Lithuania Post, the number of received international money transfers, compared with the first half of 2015, has increased approximately by 17 per cent. "Transfers received   from Germany, Ireland and the USA have mostly increased by both the number of money transfers and the monetary value. These are the countries with high density of Lithuanian expatriate communities," Head of Financial Services Department of Lithuania Post Neringa Knyvienė said.

Most money transfers are received from the United Kingdom; the inflow of money from this country to Lithuania remains stable. An overall average of money received via international transfers has jumped from EUR 350 to EUR 400.

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Source: Lithuania Post

 
   
         
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