Each year, EUR 400 billion in remittances is sent to developing countries – more than all official development assistance combined. The great proportion of this money is sent by individuals to family members, which benefits both the recipients and the economies they live in. But significant amounts are also sent by groups or "home associations" to support development projects. Both developed and developing countries are beginning to search for ways to increase the impact of financial transfers between host and origin countries. Remittances can contribute more effectively to international development and financial inclusion, especially if channelled to support investment opportunities benefitting from modern digital instruments.