While the formal flows from Thailand to Cambodia, the Lao People’s Democratic Republic, Myanmar, and Viet Nam are valued at USD 2.8 billion, it is more challenging to estimate the informal financial flows. Under the assumption that remittances received through informal channels are similar in size and transaction frequency and given that about 65 percent of recipients received money from unregulated channels, it is estimated that the informal remittance flows in Thailand–CLMV corridors are potentially double the size of the formal flows and have the potential to contribute between USD 6–10 billion to the formal economies of CLMV countries (UNCDF, 2017). This means that there may be significant market opportunities in the digitization of Thailand’s outward remittances.