2. Background – Why SendMoneyPacific? In 2008 remittance costs from Australia and New Zealand to the Pacific were amongst the highest in the world –overall average costs in some corridors as high as 25% The SendMoneyPacific (SMP) website launched

3. Initiative from Australian and New Zealand Governments - funded Compare costs when you send money from Australia, New Zealand or US to Fiji, Kiribati, PNG, Samoa, Solomon Islands, Tonga, Tuvalu or Vanuatu Allows you to compare the fees and exchange rates Independent of any money transfer operator SendMoneyPacific has been certified by the World Bank

4. The savings you could make sending 500NZD$ to Samoa*: With best priced company on the website, the receiver gets WST888.90 With most expensive company receiver gets WST728.94 Receiver could get an extra WST159.96 per NZ$500 sent If sending NZ$10,000 home per season, this could add up to a difference of around WST3,199 *Based on SMP information June 2015

5. The savings you could make sending 500NZD$ to Tonga*: With best priced company on the website the receiver gets TOP$669.55 With worst priced company receiver gets TOP$590.57 Receiver could get an extra TOP108.98 If sending NZ$10,000 home per season, this could add up to a difference of around TOP2,179.60 *Based on SMP information June 2015

6. Source: The World Bank - Bilateral Remittance Matrix and data.worldbank.org (2014)

8. Why use SendMoneyPacific? Draws attention to the differences in fee and costs of foreign exchange Demonstrates the number of different options available Encourages people to ‘shop around’ to find the most suitable service according to their needs All options listed are legal and registered with financial authorities

10. Thanks for listening! Sophie.thelosen@developingmarkets.com Or info@sendmoneypacific.org