Regulatory Alerts2025-01-01
Guidance Notes: Remittance Data Collection Template
An Ugandan financial regulator has issued guidance notes for a revised Remittance Data Collection Template, accessible via the Banking Supervision Application (BSA) for weekly submission. This template mandates the collection of granular demographic and transactional data for both inbound and outbound remittances, adhering to BPM6 and UNCDF RRAS guidelines. The comprehensive data, covering sender/receiver details, transfer channels, purpose, values, fees, and taxes, is intended to inform policy formulation and product development through detailed analysis of customer types, corridors, and channels.
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