This document summarizes remittance trends related to South Asia. It notes that over 25 million South Asians live outside of South Asia, with major migration corridors including 5 million from the US to South Asia. Global remittances to South Asia have grown from $16 billion in 2001 to an estimated $72 billion in 2010. The US is estimated to send $22 billion to South Asia in 2010, with India receiving the largest portion. It outlines opportunities and strategies for companies to enter or expand in the US to South Asia remittance corridor.

1. USA to South Asia: The Potential IMTC Miami 2010

3. Countries of South Asia INDIA BANGLADESH PAKISTAN NEPAL BHUTAN SRI LANKA MALDIVES AFGHANISTAN Under SAARC

4. BIG PICTURE: SOUTH ASIA GLOBAL: $72 BILLION FROM USA: $22 BILLIO N EST INFLOW 2010

5. South Asia: The Big Picture…

6. INDIA & BANGLADESH ESTIMATE INDIA BANGLADESH

7. PAKISTAN & NEPAL ESTIMATE PAKISTAN NEPAL

8. RECEIVE INFLOW: CONTINENT OF ORIGIN INDIA PAKISTAN BANGLADESH NEPAL

9. India – the growth pattern 2001 to 2010: $11 bill to $49 bill – 15% year to year Forecast: 2010 to 2015: $49 bill to $79 bill – 10% year to year 2005 2010 Bank Segment Direct 14 bill 25 bill Cash Pick up 6 bill 12 bill Service providers 2 bill 8 bill Others 1 bill 4 bill

11. India – the ‘big’ market, strengths and weaknesses of different segments Banks Money Transfer Cos. Service Providers Distribution Strong receiving. Physical. Both payee Rides on partners’ No send. Internet. and ‘send’. Limited web distribution Brand identity Strong. Strong for ‘old’ like WU Rides on partners’ Ethnic cos. = ethnic identity brand. No own identity Legal / Regulatory Favorable for Unfavorable. Tough for Not required. Partners Central Banks new and small entrants have the approvals Technology Access to good Old players – use tech. Concept based tech. Not flexible on tech platform Industry position Money transfer Premium. Defines Undefined. Service allied service industry. Provider Revenue (RPT) Marginal. Add on High. Competition Marginal. Survive on to other services pulls down RPT high vols thru partners

13. USA South Asia Market - 2010 India - $15 Billion Pakistan – 2 Bill, Bangla. – 2 Bill Nepal – .8 Bill, Sri Lanka – 1.5 Bill Bank Deposit $9 Bill Cash – 5 bill Other – 1bill Bank Deposit $2.5 bill Cash $4 bill Go Govt. banks ICICI Citibank Private Banks Private Processors WU MG XM Regional Misc Govt. banks Private Banks WU MG Forex Cos. Misc.

14. South Asians IN USA

20. CONCLUSION OVER 1.5 BILLION PEOPLE RECEIVE MKT OVER 25 MILLION MIGRANT (US 5 MILL) $72 BILL INFLOW GLOBAL (US - $22 BILL) IGNORE THIS AT YOUR OWN PERIL!! THANK YOU!