The Queen’s Speech

“The King’s Speech” won Best Picture and three other awards at the 2011 Oscars for its portrayal of how Britain’s King George VI made brave efforts to overcome a stammer when addressing the nation during World War II.

Now we have a Queen’s speech very much in keeping with the globalised times we live in. Queen Maxima of the Netherlands told a recent United Nations conference how remittances have come to empower hard-working people around the world so they may shape their communities and overcome poverty.

As far as we know, this is the first time a reigning monarch has devoted a full speech to remittances, but it is very much part of her job as U.N. Secretary-General’s Special Advocate for Inclusive Finance for Development: remittances alone add up to a whopping US$400 billion a year and are major foreign currency earners for many developing countries.

Born Máxima Zorreguieta in Argentina, this particular queen also has first-hand knowledge of globalisation, and had to learn Dutch as a fourth language – after Spanish, Italian and English — when she moved to her adopted country.

She also has considerable hands-on experience in global finance. Before meeting and marrying Prince (now King) William Alexander, she worked for a string of major financial firms including Deutsche Bank, in New York and Brussels, as well as in her native Buenos Aires.

The Queen highlighted part of our core mission: to provide affordable money transfers for migrant workers. In the video after 1:12 minutes you can hear that “reducing the high costs at both ends would mean that more money ends up in hands of receivers”. And that’s exactly what Ria does.

Ria believes in offering inexpensive services, with a low-cost model, like Southwest Airlines or Easyjet. Her Majesty even chose to deliver the message dressed in orange, our corporate colour. Thanks for helping the cause of cheap remittances!