Over the first half of this year, Lithuanians have received remittances from their expat friends or family members through Lietuvos Paštas (Post of Lithuania) from 128 countries.
More than €1 million has reached Lithuania from the United Kingdom, Ireland, Germany and the US each. From Lithuania, most remittances go to Russia and Ukraine.
According to Lietuvos Paštas, the number of incoming international money transfers, compared to the first half of 2015, has increased by 17%.
“In terms of the number of transactions and their monetary value, remittance growth was the biggest coming from Germany, Ireland and the United States,” said Lietuvos Paštas financial services department manager Neringa Knyvienė.
Knyvienė noted Lietuvos paštas is recording steadily growing remittances for the fifth year in a row.