What is the total annual global volume of corporate remittances via wire transfers?

Asked Mar 1, 2016· 1 answer
Faisal KhanAnswered Mar 1, 2016
Safe to say, the number is very high. In US$ 10s Trillions if not US$ 100s Trillion.

Just on a daily basis, the FX Swap and Spot market is over US$ 2+ Trillion (and I'm being conservative here). The remittance market is about US$ 1 Trillion per year (both legal + illegal) but that represents a very small fraction of the overall FX trades done.

SWIFT does not publish its money-transfer numbers for wire transfers (or at least I have not seen them).
International Wire TransfersLarge International TransfersSWIFT Transfers
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