Remittances

Remittances increased in August… but their growth is slowing down

The average amount of the remittance sent in August was 390 dollars, an amount below the 406 dollars averaged during July.

Ualá clients will be able to receive up to 900 dollars in remittances

The firm forms an alliance with MoneyGram so that its clients can receive remittances from abroad in the app.

The cost of migrating: Number of dead migrants in Mexico increases 70.4% in 2021

Despite the fact that remittances arriving in Mexico register record figures, the number of migrants who die in their attempt to reach the "American dream" reported figures never seen before.

Historical record: Mexico receives 5,297 million dollars in remittances

Money transfers by remittances to Mexico register a record and add three consecutive months above 5,000 million dollars.

Western Union? More than 5% of total remittances from the US are sent to Mexico through this channel

Bitso registers a participation of more than 5% weekly in the total remittances from the US to Mexico and expects that by the end of the year the figure will rise to between 8 and 10%.

Why 2023 could be a bad year for remittances from Mexico

Despite record numbers of remittances sent by Mexicans from abroad, annual growth rates have shown a slowdown that may worsen with a recession in the US.

Thank you, countrymen: Remittances increase 17% in the first half of 2022

From January to June of this year, Mexico received 27.565 million dollars in remittances from abroad, reports the central bank.

Remittances to Mexico add 13 consecutive months to the rise

Dollar shipments to Mexico soar 31% in May and mark their thirteenth consecutive month with growth, reports Banxico.

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