‘Ave Pa’Anga Pau’ remittance voucher
Ave Pa’Anga (“Send Money Securely” in Tongan) is a cashless remittance voucher which was developed by the World Bank Group and the Tonga Development Bank (TDB), with support from the governments of Australia and New Zealand. This instrument, which facilitates sending remittances to Tonga at a lower cost, allows recipients in Tonga to access remittances from TDB branches in the country. TDB is also making use of the remittance voucher as part of a loan programme to help Tongan migrant workers engaging in the Recognised Seasonal Employer (RSE) scheme in New Zealand to pay for local costs of the programme before their departure.
Sector
- Labour migration
- Remittances