Croatia identified as the lowest cost remittance market of 2023
· FXC Intelligence identified Croatia as the lowest-cost market to receive remittances globally in 2023, following the country’s transition to the euro at the start of the year. · 0% FX margins between the eurozone and Croatia, combined with stable transfer fees for all corridors, drove down the cost of sending remittances to Croatia. The lack of FX margins and geopolitical developments were identified as two key factors impacting the pricing of remittances for other low cost markets. · FXC